Obtaining private money for a BRRRR is pretty straight forward, but getting the refinance from a bank might be a bit more challenging. Currently, I am working "odd jobs" and certainly have not been employed by the sam...
I have a client who has substantial equity in building one. Building one has a 15 yr note at 3%. Next door to building one they would like to construct building two. They dont have the down stroke for building two. In...
Recently tried to take a credit line from an investment property that is paid off. For heloc was being charged $3000-$6000 in closing and title fees- is this typical? If not, what companies are the best companies to r...
I was looking to purchase multiple owner-financed homes with balloon payments all around 10 years. If I re-financed these deals around the 10 year mark, are there any lenders that will exclude income requirements. I a...
Hi, I can really use some advice/help right now. I currently own a 2 unit multifamily with finished basement in Chicago, IL. I am currently trying to refinance it but I am not having any luck due to my credit score be...
Bought my first flip with hard money lender. Took longer than thought to fix up. Now I need to refinance it if it doesn’t sale in the next 30 so I can rent it. Can you refinance a house if you do not have an income?
Should I refinance a rental property that is paid off? I have 3 rental properties and 1 is paid off I am not sure if I should refinance the property to buy more rentals. Or be safe and leave that property alone.
I am looking at a property that is being sold for $34,900 and it needs around $6,000 in rehab. T estimates ARV for $50,000, but where it makes up for a low value is in renting. It has a 48% cash flow every month. Can ...
I have a 3 unit I turned into a 4-plex and appreciated somewhere over $100K+ waiting the eventual appraisal. I just started the preliminary discussions with a different broker (I used a 203k loan for a part of the reh...
Hi all, I am happy to share that, after carefully reading the plethora of information on this site for a number of months, I have purchased my first 3 rental properties (all SFHs) in 2018! However, I have a question r...