Christian Carson
Cash-out refinance dilemma
I have to decide what to do about refinancing two of my duplexes, and the banker is pressuring me to return my application, but closing costs are really hard to swallow. Here's the situation.Duplex AValue $90kLoan: $3...
Chris Purcell
Cash Out Refinance Experiences
I know quite a few people who have bought houses, rehabbed, rented, then refinanced, cashed out and did it again Does anybody have positive or negative experiences doing this?I'm looking to buy houses cheap ($5k-$10) ...
Corie Carpentier
Church rehab and refinance?
HiMy church needs some updating done to it but "we can't afford it" is always the response, so it is brought up at the quarterly business meeting and nothing gets done. My investor mind is wondering why we can't do a ...
Mike Sawamoto
Refinance process with AmeriSave
I need advice for my refinance process with AmeriSave. I started the refinance process back in April by paying $500 to lock the rate and still have not completed yet. Sent them all my personal information for proces...
Umesh Chokshi
Refinance closing cost expenses
Hello,There are different views from CPAs I have worked with for claiming closing cost expenses paid for refinance while filing your tax return. Which closing cost ( expect for points ) can be claimed towards closing ...
David Kramer
How Do I Refinance
I would like to refinance 160k with no cash out. I have been employed with the same company for 10 years, I have W-2's and pay stubs for proof of income. I have made my last 26 mortgage payments on time. Unfortunately...
Lennie Holland
HELOC, Sell or Refinance
Trying to decide what to do with a rental property I have. A quick description of the property is SFR 3/2 - Cape Cod, 2 car garage, fenced in yardLoan 24yr @ 4.25%, balance = 150K, FMV 210KProperty rents for $1475,...
Jordan Brown
80% LTV Refinance loan
I'm looking for a lender in San Antonio or any area that can do an 80%LTV cash out refinance on a Rental Property. The catch is I'm looking for someone that will do it with less than 6 months seasoning on the loan. ...
Nour Belkadi
Sale or refinance/hold
Hi BP folks,In 2005 a bought a 2 beds 1.5 baths townhouse where I lived for 5 years. In 2010, I bought another single family house as the townhouse was too small for us. Not having a real estate investor mind set I de...
Samuel Kunzman
Cash Out Refinance Hacking?
Hello,My business partner and I are looking to do a cash-out refinancing on a couple multifamily buildings we have here in Albuquerque, NM. The values aren't high enough for Fannie and Freddie loans, and every portfol...