Lindsey Kocher
Practicing Partnership Math
So we are looking at acquiring a 2 property, 7 door package for $350,000. HELOC for down payment at 8.5%. I'll attach link to the rental analysis below. What I'm needing is better understanding of analyzing the dif...
Curt Garrett
LLC Rental Investment Financing
I am starting an LLC with business partners in which we are going to be purchasing single family housing (less than $60k) in Cleveland and surrounding suburbs with the intent to rent them to local counties would be pr...
Chris Mignone
BRRRR using delayed financing
Hey all! I am in contract on my first rental property!!! I am buying for 165k and expect it to appraise for $275k ARV. I have one mortgage guy telling me I can only get 75% of my purchase price out in cash. The other ...
Ahkeem Smith
Understanding the refinance part of the BRRR
I planning to do my first BRRR strategy around next spring, but I wanted to make a few things clear first. I understand the basics up until after the refinance. Once we’re able to cash out after the new appraised amou...
Peter Eberhardt
To refi or not refi 60 days after purchase
So, to humor myself today I opened one of those common mailer advertisements to see what crazy low rate they wanted to push me on my condo for. To my surprise it was actually for a 4plex that I just purchased less the...
Murat Ozdo
Looking for teammates lender, contractor, realtor, property manager
Hello everyone,
ABOUT ME: I am a non resident foreign investor who just joined the real estate market possibly in the worst time :) I am interested in Cleveland,OH. I have been monitoring the market in and around Cle...
Frankie Betancourt
cash out refinance no income
hello Would it be possible to get a cash out refinance on 2 rental properties that are in my name and does it require proof of income and 2 year job history? because i cannot provide this information..or cash out refi...
Kevin Dubina
Borrow from family for BRRRR to keep interest tax deductible?
I'm planning to do a BRRRR. Cash purchase for 90k, put in 15k and refinance for 110-120k
Since interest is no longer tax deductible unless you get a mortgage at the time of pruchase, I'm thinking it makes sense to bo...
Tony Wilson
Personal Home Refinance for cash out to help place down payment
Sample A:I'd like to refinance my house to pull out cash for a couple rental properties (or just one). If I refinance my house it'll add $171 a month to my current mortgage plus closing cost to refinance. That being s...
Yvette Tatem
What’s the best way to refinance my first cash buy?
I just bought my first property cash with hard money from a family member. I want to pay them back ASAP and would like to know the best way to go about it. Should I apply for term financing or cash out refinancing? ...