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Hello BP! I brought a small commercial bar/restaurant cash from a auction for a great price that I plan to refinance and lease out. Do anyone have experience doing such refinancing on commercial properties that can wa...
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Hi All
I own two properties in Bonita Springs, Florida. Both were priced a little below market and I paid cash for one and put 40% down on the other, I did some upgrading and have had great tenants from the get go. A...
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Hi Everyone, I am new to this, and I plan on purchasing a multi unit in the burbs for $200k cash. I am being told that in 30 days I can refinance at the bank and get the $200 k back to continue my venture. For some...
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I'm looking for advice on how to refinance a single family home owned by an LLC. I purchased it in cash and am rehabbing it now; the estimated ARV is about $65k. The property is located in Kalamazoo, MI.Any advice ...
Hi, I am new to the boards and I plan to update my profile later.I help manage my parent's investment property in New Jersey which is a 2 family house. They took out a 15 year @ 6.5% and it has ~3-4 years left on the ...
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Cash out refinanceHi guys I’m looking for advice from experienced investors. I currently own 3 multi units in Los Angeles. All purchases were bought from 1031 exchanges. My dilemma is, should i do a cash out refi. ...
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My mom inherited a home in Florida from my grandfather that still had a mortgage of $75000 and the home is worth approximately $135k. My mom has already recorded the deed in her name at the county office last month an...
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I started working on a refinance in September of this year for my commercial property. I was hit with several building violations the next month. With that said, I went to court and cooperated with the city and agree...
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Hello,When you refinance a property is depreciation recaptured? Or is depreciation only recaptured on the sale of the property?
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I have a contract to purchase a steeply discounted property with a quit-claim deed. The property has $7500 in back taxes attached to it. Would the tax issue prevent me from doing a cash-out refinance with a lender? Th...