Elliot Cash
Cash-out refinance loan
If you buy a house in cash or do the BRRRR strategy, does the cash out refinance count against the 10 conventional loan limit?
Nick Ruffini
Refinance and cashing out
Hi...I have a question about refinancing rental properties and pulling out money. Why do people force appreciation on a apartment complex, refinance it for the higher value and cash out the difference? I'm guessing be...
Thomas Harr
Cash Out Refinance Options
Hi,
We own a property in Columbus Ohio free and clear and want to BRRRR it (cash-out refinance). We are all in about $85k and it is worth around $120-130k. It is currently rented for $1350 a month.
We are looking t...
Account Closed
Refinance and cash out
Hey guys, Sometimes its the simplest concepts that lead to my overthinking and confusing myself. However, how does refinancing and taking cash out work?Lets assume I purchase a property with a $400,000 loan (LTV of 80...
Mauricio Sanchez
Cash out refinance property
What do you recommend, i have a property that i bought at 317k, now its worth around 360-370k. Do you recommend a cash out refinance to buy another property. I recently tried to qualify for a new property but my debt ...
Daniel Nieves
Cash out Refinance Options
Writing this post for my mother who is currently looking to do a cash out refinance on her current house. The mortgage lender is Wells Fargo and she is paying around 6%. We are looking to lower the interest payment an...
Stephen McGrath
Cash out Refinance issues
Hello BP Community,I have a little issue here. I recently sold a rental property that was not cash flowing and purchased a duplex in Texas. The idea was purchase cash, then cash out refinance with the attempts to pull...
Jorden P Dupont
Understanding Cash out Refinances
Good Morning everyone!A couple friends and I had dinner a few nights ago and cash out refinances came up. My questions are, when you do a cash out refinance... lets say you buy a property for 50k. You do a 50k rehab s...
Matt Medina
Cash Out Refinance Advice
Hello all!I bought my first property in Southern California this year in March. In my opinion I bought at a great time, interest rates were low (2.6%), and I got the house under asking (in CA, hard to come by). My fut...
Demjan Van Der Kach
Cash out refinance case
Hello fellow investors!
I have a question for those who experienced the following scenario (I apologize for the oversimplification and numbers clutter):
I bought SFH rental for 300K with conventional 20 year fixed 3...