Hi everyone, I've been kicking the tires on a cash-out refinance to continue to scale for quite some time. With the recent rate cuts, I decided to jump on it a bit earlier than anticipated. This is my first refi and I...
When purchasing a 20% down investment property, do you just have to pay cash for all the repair costs too and then refinance? I would just assume incorporate the repairs into the loan if possible?
Hello BiggerPockets Community!
I'm on the hunt for my first property to househack in the Kansas City metro area. I'm particularly interested in acquiring a quadplex or triplex. I already have access to the MLS as I'm...
Hi my name is Nick, I wanted to say hi and introduce myself. I'm from Los Angeles and living here with with my wife, ragdoll cat, and yorkie puppy (wife had to have one).Dec 2023 marks my full-time jump into REI. I've...
Has anyone had experience with 30 yr cash out refinances above 417k?I am looking to do a cash out refinancing on a 4-unit property for around 650k with a 30 yr fixed loan. I know that FHFA's posted conforming loan li...
When doing a cash out refinance at 75% on a home valued at $150k, you would walk away with $112,500 in cash AND your new mortgage on the property is also $112,500? Is this correct? I want to make sure I am understand ...
I am in my late 40s. I have always dabbled in real-estate and done well. I am approaching it in a much more specific way now. Should be closing on my 6th rental next month. What is the goal number of homes for most of...
Gave myself the 90 day challenge two months ago and am looking to do a BRRRR deal. Can someone tell me if this house/deal would possibly qualify. Purchase price possiblity - $80,000ARV - $150,000.70 = 105,000- $30,000...
Help! My husband and I have an opportunity to buy a completely flipped duplex in a cute, popular suburban downtown area. Originally listed at $310,000 and now down to $295,000. Bottom unit is 2/1 and upper is 1/1. Bot...
I am a new real estate investor with a large amount of capital. I am constantly consuming, trying to read and learn as much as possible over the last 6 months. I wanted opinions from experienced investors on where t...