Has anyone with more than 6 but less than 10 mortgaged properties successfully closed a conventional cash-out refinance on an investment property since the recent update to the Fannie Rules?If so, who was your lender ...
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Aloha,
I live in Hawaii and am trying to help my mother in law out. She has a rental property in Guam on the golf course and is currently renting for $1200. I am trying to get the house up to military standards so t...
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Hi folks, I was just shy of the finish line on a cash out refi on a rental I hold in an LLC...when today my Lender called and said a 'new Fannie Mae guideline' prohibits cash out refinances on properties owned through...
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I found a decently priced multi family home for sale, it has 2 people living in it already. One paying 440 a month, the other on section 8 paying 375. Both residents cover utilities. My question is, is it alright to b...
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A couple credit unions I checked out require 6 months reserve payments on a investment mortgage.Will they require the same on a refinance?I hope that's not a silly questions!!
I'm just starting to educate myself on real estate investing. So far the extent of that education is "the book on rental property investing". I went and bought Brandon' Turners earlier book "investing in real estate w...
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Hoping someone can pass along a lender that offers refinance options for non warrantable beach condo in Florida. -Healthy HOA-No current liens or loans on condo -Healthy STR revenue stream
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Hello everyone,
Im curious if anyone has heard about this new product provided by the VA that is similar to a 230k loan. Its called a VA rehabilitation loan - currently I live in the DC area and see a lot of older ho...
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Good evening. Seeking experienced opinions on the pros and cons of my investment strategy. My 1st property I plan to buy and rehab all cash then rent it. once that's done I plan to take out a home equity loan on the p...
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Can anyone tell me if itemizing investment property expenses makes a difference now with the new tax reform?I claim my wife and two kids. I have two duplexes and understand it that if I spend less then 24k in expense...