Elizabeth O.
Being told this summer cash out refi allowed on properties 7-10
I was talking to my lender today and he told me that in June 2016 the guidelines are changing to allow cash out refi's on conventional loans #7-10. I've used the brrr method successfully on 2 homes so far allowing ...
Laura MacDonald
Advice on Selling Investment Property vs Not??
Hi there. I USED to be a decently successful investor (until 4 internationally adopted kids turned my world inside out!!). However, I have not been 'active' in almost a decade and am not only unsure of myself, but als...
Brent Tomczak
How to Obtain a Mortgage on Recently Rehabbed property?
Hello All,Scenario:-I obtain a hard money financing for a property under contract.-Example property X: paid $40k, rehab $20-25k, worth $105k-Instead of flipping the property, I decide to keep the property as a rental-...
Pat Al
Spouse on mortgage for primary home mortgage, myself for rentals?
Hi,I tried searching the forums but couldn't find the answer so sorry in advance if this is a commonly asked question.My wife and I each have jobs with high W2 income. We live in a community property state, file taxe...
Jay Mersfelder
Refinance out rates
What are the rates people are getting to refinance out on there rental properties, and how are you using? I'm wanting to refinance out on first rental but haven't found any decent rates..
Jill Rubin
Creative Financing needed on a fix & flip that is expiring
I have two properties, one in MI & one in SC. SC property was purchased on a fix and flip loan, we decided to keep it and need creative financing. My credit score took a hit, as we used cc to fund the fix. Lots of...
Linda Burger
I bought, rehabbed, & now stuck in a commercial loan…
I need some advise please. Quick history - i bought a sf in 08, sold in 22 - used proceeds to buy a duplex at 70% ARV with a commercial lender under my newly acquired LLC. My rate is 5% fixed for 5 years. I have a nic...
Kenneth Yuen
Triplex in Attleboro, MA
Hi BP members,I’m new to real estate and BP. I’m looking to invest in a triplex for an owner occupied BRRRR. I’ve searched Eastern MA for an affordable location and a city/town that is closest to Canton, MA. The neigh...
Phyllis Kelly
Regarding Mortgage Loan Credibility
TIA for all the advice and opinions, this forum is always so helpful.I am wondering about acquiring additional loans going forward. I purchased my first rental property (duplex) in October of 2021. It was a house hack...
David Marino
First Time Loan and Eventual Refinancing
Good Evening all.Been a little while since I posted last with a question in the "starting out" section. Since then I have been trying to do my research so when I do start I make a smart decision on my first property....