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Good evening BP!There are a few individuals I know who may be willing to fully finance a property acquisition with cash. Once I buy the property, what are my options to refinance with a conventional loan (at lower per...
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Happy almost Summer BP Community,
I'm reaching out to tap into the collective wisdom of the community as I look to expand and accelerate my rental business using the BRRRR strategy.I currently focus on buy-and-hold i...
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I'm talking with a very motivated seller who is having extreme difficulty dealing with her mortgage holder, Ocwen Financial. Does anyone have experience with them?
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An owner is selling three properties and has the price all tied into one. It would all be under one mortgage and one payment. When this is done, and the buyer was to go refinance after rehab, would all three propertie...
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Looking at a property that needs rehab--a 7-unit property. Purchase $300K, rehab $100K. So far the lenders I've spoken to aren't a good fit. Either they only lend on 1-4; or if it's >4 units, minimum loan is greate...
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I own a townhome in Miami that I bought in 2018. I was able to refinance in 2021 and got a 2.25% rate for 15 yrs conventional loan. I like the idea of real estate investing as I had the townhome rented for about 3 yrs...
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Hi agents. I've been wrestling with an idea the last few months as my fourplex gets closer to being fully rehabbed and all leases turned over.
I could sell this property and net $100k-$125k. If I could refinance the ...
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Hello everyone,
So I bought my first house about 4 months ago with a 3.75% 15 year FHA loan for $75,000. And naturally quit my job the next day.. Okay let me explain, I had a job at Toyota as a mechanic paying me $2,...
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Been negotiating and gathering info on an 8 unit building in Clayton, MO, a very affluent area of St Louis. Rents are at 5,400 monthly and could be brought up to around 8,000-8,200 with about 70k in repairs. Great v...
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Hi, Lets assume i buy a house and rehab it with private investor money. How can i refinance the property? What is the traditional seasoning period? Also when i refinance since i am using OPM is that going to be an i...