Hi all,USAA tells me I can’t refinance my Second home into an IRRRL because I have an open HELOC on that property. I would have to close in order to do so. Now is this just a specific bank policy or is it VA guideline...
I have 3 properties, just finished remodeling and ready to move into BRRRR. It seems very hard to pick the right lender for my cash out refinance. How do you do it? LTV, points, and interest I understand, but there ha...
Hey everyone,I was listening to a BP podcast where the guest said that they used a return refinance to turn their HML into a conventional loan. I listened to this a few days ago so I may have remembered that incorrec...
Is $11K in the ballpark for refinancing a mortgage and a home equity loan totaling $210K. The total will be $221K with closing cost and everything else wrapped in. 30 yrs fixed 4.40% Thanks.
Im looking to get into multi-family, when it comes to Refinancing and pulling your money back out, Im curious to know if there is any seasoning time limit, or other limitations that may come with that being use...
Hello, I recently purchased a rental property and put it under my LLC. It’s rented out and is cash flowing. Property also appraised at around $15-20k higher than the purchase price. It’s been 5 months since the closin...
Looking for a quote to refi a rental property. Current rate 3.75%, with currently $100k+ in equity. Value of property around $375k
I am wondering if anyone can shed some light on appraisals for a refinance vs a purchase . Is there a difference ?
Hey Bigger Pockets,
Looking at refinancing my VA Loan with a VA IRRRL. Any recommendations for lenders? Got a good rate from LoanDepot but reviews have me concerned. Also looking at Veterans United but when the secon...
I have a large sum of equity in my primary residence. I want to pull the equity out so that I can use it to purchase rental properties. Is it better to refinance my mortgage or apply for a line of credit?