So I have a question, if most conventional lenders (fannie and freddie) will only finance you for up to 10 properties due to DTI, how are so many people able to continually do BRRRR deals? Seems to me that after a cer...
Is it possible to purchase a home with a conventional mortgage (to make my offer competitive and include a quick close) and then refinance into a 203k renovation mortgage to renovate the property?
When refinancing and buying a property, what can you do if current tenant won’t let appraiser go inside the home to take pictures?
I’m on my first investment property with aspersions to purchase my second with 4-6months. Should refinancing now to fund the cost of rehab on my existing property, plus funding the cost of the new purchase wise in our...
If I use an FHA 203k loan to purchase a home, I’m aware that I would have to occupy the home for a year prior to renting it out (generally speaking). However, I’ve read that a 203k loan can be refinanced after 6 month...
So to be clear I understand the BRRR, but Turn Keys are another story. Let’s say you buy a TK at full retail plus. Your down payment is locked up for a longtime. Am I missing something? Is there away to keep recycling...
Does anyone have any suggestions on refinancing properties held in a LLC?
I retired from the military in January and want to move back to Western NY. I am thinking about refinancing my fourplex, but the last couple of tenants did a number on two of the apartments while I was away. The unit ...
If I was to refinance a FHA mortgage to a conventional, how long would I have to wait until I can get into another FHA ??
Thank you very much for looking at this and possibly helping out. I recently purchased a rental property (duplex) as my first property. As many do, I made quite a few mistakes and probably over rehabbed the property. ...