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I've heard a few things about a six month time period before you can refinance. I am not sure if this is just for refinancing a conventional 30 year loan into another one, or if it applies to refinancing a private/har...
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Little background.
Signed a contract last May on a 3 family in a desirable area in Cincy Ohio. $257k purchase price. Rents are low, brings in about $1900 a month now.
With the lending industry so tight, havent found...
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Have a homeowner insurance broker who is quoting us for our flips and rentals and he's giving good rates; better than what we have currently.
My fear is he is able to maneuver the rates so they look like a good disco...
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Hello all,My wife and I recently just acquired a vacant lot in Bonita Springs, FL. Our intention is to develop this lot into a duplex and house hack it. And yes I have done my due diligence on the lot - it is zoned fo...
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Hello,I’m reviewing current mortgages on two of my properties. One is a rental the other is converting to a rental now. My goal is to purchase another rental property in the next few months. I’m reviewing my mortga...
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Hi there, Based on the newbie introduction - others wisely recommended that I line up my finances before property. So, I have one rental which previously had been my primary residence. I have been in contact with Navy...
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I have heard before that you should use a local lender, but I wasn't sure if it was because they could do better rates or that they are more willing to work with you. Here is my plan: I am looking to purchase a house...
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Hello everyone, is there anyone can give me advice about my personal residence which have equity and I intend to cash out the equity for real estate investment. I am located at Southern California. So, my question is...
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Hi all,I am trying to buy my first property. It is an out of state investment property owned by a bank. It is a multifamily dwelling that had poor management and needs to be turned around.Here are the terms being offe...
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What is the best/easiest way to decide between a rate and out of pocket cash?For example is it better to do a 30 yr 5.1% rate @ 20% down payment or 4.875 rate @ 25% down payment. Not sure which metric I should be lo...