Does anyone know if you can refinance a NACA loan after a year without having to pay the 25k lien put on the property and also doe that release you from the occupancy requirement?
I am a new agent/investor and curious to know the how banks can approve a loan for a flip when the property was paid up for in cash.
i know this question has probably been beaten to death but i havent found exactly what im looking for. i purchased a property for cash 6 months ago and am looking to get my money back out of it for another property. i...
Hi all, I'm considering refinancing and am having some trouble clarifying what terms to pursue. I'd be interested to hear your feedback regarding my circumstances:Background:- I'm a new real estate investor with one ...
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...
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...
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...
I was wondering if anyone has ever refinanced a lease purchase agreement. I normally do subject to and then immediately wrap the mortgage. Thankfully my last deals numbers did not pan out. I was forced to do a lease p...
Howdy Folks, When refinancing using the BRRRR strategy, does the property stand alone as collateral for the refi or are you folks who are using the BRRRR strategy required to have other personal income to cover the refi?
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...