Isaac Black
Pocketing money after refinancing?
Something I do not fully understand is people saying they buy a house for 100k, fix it up for 40k, refinance with appraisal where house is work 160k, and then they claim they pocket 20k? This concept does not very wel...
Tony Karns
Refinancing with bad credit
Purchased a duplex last year and finished a full hut and remodeling February. Last week the property went under leasing contract for more than I was asking. I am now ready to refinance and pull out equity for a new d...
Brandon Becsi
Refinancing low income properties
We purchase low income properties for between 10-35k and use them as section 8 rentals between $700-$850 per month. I know that banks dont like doing traditional Mortgages on properties under 60k ish but what about re...
Jameson Sullivan
Rehab2Rent Properties and Refinancing.
Im looking at a property up the street from where I am, hoping to get it for 120k-130 and according to comps ive seen it could be worth up to 200 or 220. So my question has to do with refinancing my cash out if I choo...
Nick Smith
BRRR Strategy and Refinancing
I am about to complete a rehab on a house I bought with all cash around the Kansas City area and am looking for ways to get my cash out. Does anybody have any recommendations on what lenders to go to? I was wanting to...
William Lee
Cash-out refinancing gone?
Hey BP!
I purchased a BRRRR deal (or so I thought) in mid-February with a combination of my HELOC and a couple of private investors on 12-month promissory notes. I am coming to the end of the rehab period. The proper...
Max Kimmel
Refinancing from an LLC
Hi,I closed on my first rental property at a 4% interest rate just before COVID. Obviously, interest rates have decreased significantly since then, and I'm planning on shopping around to see if refinancing to get a lo...
Zander Dragony
Refinancing an FHA Loan
If I buy a property with an FHA loan but have someone co-signing in order to use their income on the application, would the person co-signing also have to occupy the property for the first year, or can I be the only o...
Robert Downs
Refinancing in Spain (BRRRR?)
Hello BP community!This is my first post (and first day as an active BP member). First off, I live in Barcelona—actually, Sant Adrià—and I am just starting my education process to begin investing in rental properties,...
Garrett Pettit
Short term rental refinancing
I need advice. If I were to take out a private money loan for a high performing short term rental triplex, of which I'd live in the poor studio unit and rent out the other multi bedroom units, and then decide to refin...