Hi everyone, I was recently approved for a cash-out refinance on my 15 unit apartment complex. The appraisal for the property turned out surprisingly well and the property was valued much higher than what we anticipat...
Hello All, I am new to real estate investment. I was taking to a Mortgage broker friend of mine about BRRR strategy. He mentioned that their are several limitations on refinancing the homes you bought. He wasn't sure...
Hey guys. Does anyone have a recommendation on a company like LendingTree, Mofin, LendingOne, etc that will refinance lower loan amounts quick? All of those companies do a minimum $75k. Not looking for a bank. Loo...
Hey BP!I am currently trying to refinance one of my properties to hopefully pull out some of the cash I used on the downpayment/ rehab. I have owned the property for 2 years, I have done about $33,500 worth of rehab ...
At the end of 2019, I closed on two retail spaces in a small mountain skin town ( one houses my boutique - the other is a rental space). I refinanced my personal properties with my small local bank, used owner financi...
Other than closing costs are there any negative impacts to refinancing a rental property? With rates continuing to drop is this something people do as much as with primary home notes? All my properties have 20% down...
I have an opportunity to buy a 5 single family portfolio. No rehab needed, all with tenants already. Here’s my question:Is it possible to get a hard money loan to purchase the whole lot, then refinance all 5 as a port...
Hello, I have a question regarding being on title of a multifamily. My mom is purchasing a 4 plex under her name and she will be putting me on title only. She is getting an FHA loan and living in one of the units as ...
Hi all. So I have an unusual situation. The first part is NOT unusual, the second part is...
Part 1: I own a small duplex in Missouri. It is worth about 65k and I paid 33k for it. Why so little? Motivated seller and ...
I purchased a condo in Alexandria Va, as a first time home buyer, in 2016. The location is great but the building is poorly soundproofed and my upstairs neighbors have 3 kids in a 2 bed/2 bath unit, similar to mine. I...