My business partners and I own 2 buildings with a substantial amount of equity that we purchased through our s-corp. one of the buildings is completely paid off and the other is leased on a long-term lease to one of o...
Recently opened up a cash account that gets 3.8% APY. Has anyone ever taken cash out of their home equity and stuck it in such an account to take advantage of the interest gained? Or is the money better off being left...
When cashing out refinancing is there a accurate way of knowing about how much more the mortgage will go up? Is there any "rule of thumb" ? Thank you
I know quite a few people who have bought houses, rehabbed, rented, then refinanced, cashed out and did it again Does anybody have positive or negative experiences doing this?I'm looking to buy houses cheap ($5k-$10) ...
I have to decide what to do about refinancing two of my duplexes, and the banker is pressuring me to return my application, but closing costs are really hard to swallow. Here's the situation.Duplex AValue $90kLoan: $3...
Does anyone know of a bank, credit union, or other lending company that does 100% cash out refinances and does business in Connecticut? The few local banks I've talk to only offer 70%. Thank you!
Hello BP,I hope all is well out there. I am looking to purchase a single family in NH for $172k (I am at 40% of my DTI for qualifying, so numbers are tight). I intend to put $50-$100k into renovating the property. I a...
I am newly licensed and looking to buy my 1st investment property - rehab - Rent - refi - repeat... you know what chilly business I’m speaking of!Looking at lenders for 40-60k, little to 20% down - rehab loan up to 65...
Me and my wife have been in the process of refinancing two duplexes and have come across a unique problem. I’m curious if anyone has had this issue before and hopefully gotten around it.
We have been denied for cas...
Hello Guys . Can anybody recommend a lender who can be used for Cash-out Refinance a property. I have a property in Broward county and have some equity i want to take out so i can keep investing. Any suggestions wi...