What puts the third R in the BRRRR strategy for you?I am new to this, but it seems that it’s assumed everyone will use a cash-out refi to pull their money out each time.If you were to instead open a line of credit(HEL...

Greetings,

Re: Refinancing Questions

Currently, I/we have a 30 Year Fixed Rate VA Backed-Mortgage at 5.5%.
Never Late.

1)...

Hi there! A little background on us; hubs is a FF/Medic. I’m a SAHM. Net income last year was 119,000. Trying to get another income stream! We are in the process of HELOC on our primary residence, pulling out about 16...

I'm going through the loan documents and noticed I'm paying for 3.376 discount points to get a rate of 5%.  I have a FICO of 814, excellent credit history, and interest rates are low - why am I having to pay points to...

Hey everyone, first time poster, long time lurker here;I'm not sure is first home buying is really much real estate investment (but everyone has tostart somewhere) but i'm looking for some advice on the next path to t...

There is a property that the owner owes 133K, and wants 191K. ARV is 238K. I want to get this house under a 1st lien HELOC. I wanted to use hard money to get the property quickly, and then get the HELOC to secure the ...

In raising money for BRRRR, is it better to use a HELOC or just cash out refinance your personal home if you have a decent equity?

Hi folks!I recently bought a property in Palm Springs that is meant for Short-Term Rental. The house is currently valued at ~$1.5M but we plan to spend ~$500k on renovation and expect it's value to go up to $2-2.5M af...

Hi guys,I have a FHA Loan on my primary home, bought in 2015, owe $112K (30 year mortgage at 3.75 rate and also pay FHA insurance for the life of the loan). I also have a HELOC against it for 55K (thru Huntington bank...

Hi,
I currently possess three cash-flowing single-family rental properties in Arkansas that I purchased within the last three years. I am looking for advice on the best approach on utilizing the equity in these prope...