Hello fellow investors!
I have a question for those who experienced the following scenario (I apologize for the oversimplification and numbers clutter):
I bought SFH rental for 300K with conventional 20 year fixed 3...
Hey everyone, quick refinance question:A couple months ago, I refinanced on my primary residence for a better rate and down to a 15 year mortgage (no cash out). However, since that time I've caught the "real estate b...
currently have 3 properties free and clear that I transfer into LLCS having a hard time trying to cash out refinance to be able to use some leverage any tips on how to not go based of taxes?
Hi everyone, I was recently approved for a cash-out refinance on my 15 unit apartment complex. The appraisal for the property turned out surprisingly well and the property was valued much higher than what we anticipat...
I need some help on a Cash-Out-Refinance. Here are the details:-Purchased duplex on 2/14/2020-Paid in cash and do not have a mortgage-Rehab finished and ready to rent-ARV is $120,000 and I have about $80,000 in. -My...
Should I lower my mortgage payment by refinancing or refi with cash out and wait for an opportunity for future investment possibilities? and emergency fund? Unsure of economy and whether I will have a job to raise m...
Hi BPers -Have a question regarding cash out refinancing LTV and interest rates. Was looking advice from BPers with past experiences with cash out refinances I own two properties in Chicago - I bought a 4 flat on a...
Hello,I’ve been living in my house hack for a year now. It’s a home that has an ADU in the back. The ADU is about 600 sqft and needed a complete remodel. We remodeled it and have been living in it while we AirBnB t...
Is it a bad idea or even legal to cash out refinance on a owner occupant and then move out soon after?
I am currently attempting to refinancing one of my flips that I have decided to make my primary residence. I originally bought it with private money for 80 and borrowed another 80 for the remodel for a total of 160 + ...