Jacob Michal
Refinancing a loan brrrr method
So I have been watching and reading up on the brrrr method and was very interested but the main question i have is after I refinance my first deal and get my second house to get refinance again does it replace the sec...
Robbie Eddington
Refinancing and taking cash out
Does anyone have a recommendation for a bank that will do a cash out refinance on a rental property. My location is Louisville Kentucky.
Ryan H.
HELOC and Refinancing through Unitus
Hi all, I have a beginner question:I am looking into opening a HELOC and thought that this was different than refinancing.When I look at this credit union's site, I can't make sense of which they offer, or if they are...
Sean Britt
Anyone refinanced with a HELOC?
I am looking at potentially moving into a property that is currently a rental and refinancing the first lien with a HELOC. This would give me a LOC against the property, drop the rate below the current rate, and do so...
Carl Crump
BRRRR fun fact about refinancing
Hello BP,So I was doing some research for a client of mine I am doing some loans for. I know a decent amount about most programs but learned something new today that could be helpful to others looking to employ the B...
Tom Murphy
refinancing a rehab for rental
I originally purchased a 3/1 ranch (1,400 sqft) for $45,000. We will have improved literally everything with a rehab investment of $80,000. We have a purchase rehab loan presently. While our original intent was to ...
Patrick Lloyd
Dumb Brrrr question about refinancing
So I'm looking at a property that is going for 140k, I think it can rent for 1600 with about 5-10k in repairs and it would be worth 170k. First of all can you finance a purchase of a brrrr property? I get it cash is ...
Mike Branche
Refinancing Existing Long Term Hold
I bought like many during the crash, 2010 through 2015, Single Families and Duplexes. Cash Flow is Great, but current Bank is at a 20 year Amortization, 5%. Good Rate. In Fact my Portfolio Loans are at 32% LTV. Tons o...
Hunter L.
Owner-Occupied Re-Financing Question
Let me preface this by saying I've never refinanced an owner-occupied single family home.
I was considering putting an offer in on a condo being at around $200K. I was looking to use a 3% down loan to get into the ...
Patrick Winn
Refinancing a Mobile Home Park
Has anyone ever or does anyone have any information about refinancing a mobile home park?I am looking at owner financing with a balloon payment after 5-8 years. If this is the case, I have to figure out how to make th...