Shalaye Camillo
Should I invest cash out refifunds into ADU or another strategy??
I just did a 60% LTV cash out refi on my 2 family home via an amazing loan program at 3.75% for 30 years! After upgrades in both units and the exterior, I'll have about 130k left to invest. I want to make the smartest...
Victor S.
Escrowed funds. Ever redeemable?
Hi, all. Going thru the final stages of my first closing process and wanted to see what happens to escrowed funds as the time goes on. I'm putting 15% down, and the lender requires escrow for 14 months home insurance ...
Michael Klinger
Ideas on $25K loan for multi-family working captial?
It would be helpful to me at this time, to have about $25K in working capital for work on one of my multi-family properties. This relative to my situation, is a super modest amount of funds. It probably be best as a f...
Matthew Marshall
Private Money Buy & Hold Strategies
Hello BP'ers!
I wanted to have a quick brainstorming session and get all of our creative juices flowing. My question is this, if you wanted to use private money as a source for a buy and hold investment, how ...
Brant Jones
VA Cash Out Refinance - 100% LTV
Has anyone had experience with a 100% LTV VA cash out refi? I have been considering an IRRRL on my primary residence to drop the rate on my VA Jumbo loan, but received a flyer in the mail today advertising 100% LTV ca...
Account Closed
Using LOC to buy and cash-out refinance after seasoning?
If I were to obtain a personal line of credit to combine with my own capital in purchasing/rehabbing a property, how would this affect me when it comes time to cash-out refinance?
Sarkis Boyadzhyan
Can anyone explain the concept of BRRRR?
Made up example:(Using a private lender)Purchase price= $60,000Repairs= $15,000Closing costs= $4,000ARV= $120,000Loan amount after refinance @ 75% LTV= $90,000Closing costs/interest after refinance= $6,000What was the...
Richard Merkuris
Question about hard money company
Has any one recieved a loan from the company Funded Ltd out of Centennial, Colorado? Just curious to know if there a good hard money lender.
Luca Giani
How can I fund my next rental property?
Hello everyone,My business partner and I have successfully leased our inaugural rental property in Detroit, specifically in Warren. The property is generating a promising cash flow, and we are eager to acquire our sec...
Will Navarro
New construction home then refi
Looking to have an investor fund my first new construction rental home, pay a percentage in return and then either cash out refi or HELOC. Anyone have some insights on what's a good percentage for borrowing up to $250...