Franky Na
Canadian looking for mortgage options for US property purchase options
Hi All,I am in the process of purchasing my first investment property in Texas. I am a Canadian looking for Loan Officer and Mortgage Brokers who specialize in helping Canadians and DSCR Loans.Looking to see-1) What's...
Cornell Raynor
Home equity line of credit question
Hello,
New to the bigger pockets forum and maybe my question has already been answered but when it comes to home equity. When you use the equity or establish HELOC's. Do they work as a separate loan that you pay off ...
Josh Pope
Looking to purchase 1st rental!
200k 7% interest rate. 20% down. $1350 mortgage $1750 rent. Good deal?
Renjason Patulot
Questions regarding Refinancing part of BRRR strategy
New RE investor here so I may be asking silly questions.
Is the process for applying for refinancing different from applying for a mortgage to initially buy a property? Or are they pretty much the same and that they...
Brian Gorman
Home Mortgage Lender Information
Hello,I am just getting started investing in Minneapolis and have developed a relationship with an agent who has since referred me onto a home mortgage lender. I am in the process of getting all of the documentation t...
Briana Lockman
Best way to extract equity
I currently own a fully paid off SFR that I am looking to take 70-80% of the equity out of to put as a down payment on a new property. Since there is no mortgage, is a cash out refinance better than a HELOC? A fixed r...
Kiffin Wigert
BRRRR - Refinance Terms (???)
What are other people getting for bank terms on BRRRR Refi's. All I'm getting is a 5 year arm at 4.5%, then variable for up to 15 or 20 years. Is 30 years out there? How do i get a better refi deal? I'm in discuss...
David O.
should I cash out refinance?
I got a quote for a cash-out refinance for my primary home to take out over $1M cash at a 3.125% interest rate, 30-year fixed. This is much higher than my current interest rate. However, I do not have a clear purpose ...
Tony F.
Where to find fixed rate commercial loans?
All my current commercial loans are variable rate, and the bank that have been working with is saying this is all they call offer. Having a fixed rate loan would ease my mind regarding raising rates and down turns etc...
Jeremy Clarke
Need your creativity
So I own a rental property here in Denver. It has between $250k-$300k of equity in it at 3.25% interest rate. I gross about $1,200 a month after I pay the mortgage. Mortgage is $2,500, rent is $3,750. I'm looking to p...