I haven't done my first BRRRR yet. I currently bought my first house and I've started house hacking by renting out the rooms. I'm planning on going into BRRRR investing however I want to clarify what The refinance loo...
New to the forum and new to investing, but trying to keep educating myself. My question is probably a common one, about cash out refinancing. My specifics...I bought my primary residence for $310,000 in 2015, with a...
Hello BP Community! I happened to stumble upon this amazing forum yesterday, and have already learned so much from reading through all of the invaluable info!
I am currently interested in purchasing my first rental p...
What happens if you start a brrrr and use 0 percent cc for the rehab materials causing credit score to decline from high utilization rate? I assume need to pay the cards off and won’t be able to refi and pull the mone...
I have been in contacts with local banks for over 4 months now in hopes of building a partnership that follows the new ARV (Appraised Rental Value) after renovations. Here's some of my observations...1. Banks usually ...
Hi !
I have a question…
Can you refinance Short Term property and get the Cash out?
Bought it as a long term rental then converted to STR….
My lender said it’s impossible and I’m stuck for a long game….
Thank you...
Hello peps! what other routs can I take if I can’t get refinanced after doing a BRRRR? In other words how can I get my moneys worth outa the property? Thanks
I have a substantial cash sum in a money market account from a company sale. Against this I have a large LOC to use to purchase high ConC rentals and high potential flips. I have no W2 income. I get income from a cons...
Hey everyone, I am new to the community and real estate investing in general. I know I want to buy a home and use it later for rental, but I haven't been able to find an information for VA loans on being able to refin...
I am about to go through with using a VA loan to finance a 3-plex. I am going to do some renovations to it and I am thinking about possibly refinancing after owning it for a while, maybe a year or two. The reason bein...