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Investment Info:
Single-family residence buy & hold investment in Montgomery.
Purchase price: $1,200
Cash invested: $25,000
This property has been renovated from top to bottom and is larger than ...
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Hey BP! When looking at BRRRR deal, how fast can you get a refinance? Can you technically refinance the second you have the house appraised after rehab, or is there a waiting period?
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Appreciate any help. I currently own two condominiums my original one was purchased on a 15 year mortgage although I now have tenants in my original one. My second condo which I just purchased two years ago as my prim...
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In short, my question is, if i refinance my owner occupant multi, do I need to occupy the unit for another year? We bought as owner occupant and have fullfilled our 1 year obligation and are looking to buy another pro...
HelloI am having a hard time wrapping my head around the HELOC.Can I consider HELOC as an adjunct to my primary mortgage?Say the remaining loan amount is 500k and say I have about 50k built up in equity.Would it make ...
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I’m looking to potentially refinance a rental I already have & buy another rental property - 1031 exchange. Besides a mortgage broker & realtor, any other professionals that I should involve? Recommendations?...
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I don't have a down payment saved, I spent my heloc, 50k, on investment properties. Now looking to buy another home, primary, but I don't have any money down. I could eather...1. Refinance my FHA house to pay of the...
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Hello To All! I’m a new investor (speaking into existence) and I feel like I’m in a dilemma trying to choose a CashOut Refi or HELOC on my primary residence. Ultimate goal is to finance the down payment and closing co...
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Opinion! I bought my first single family home in February. I am occupying it. Do you think I should refinance my mortgage OR purchase a second property to rent out?
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Hi BP,I apologize for the newb question. Scenario:Current loan 20yr fixedYears Left: 18Loan: 235,000Current rate: 4.375%Refinance Loan:15-Year Fixed Rate Loan Amount plus closing costs: $215,000.00Interest Rate: 2.87...