Caryn Zallnick
Can you use Brrrr to finance Air BnB?
I am just curious if anyone thinks that the BRRRR strategy would work with Air BnB? I know that to refinance into a bank loan you would need to show projected income on the property. Would this work similar with a sho...
Darian Richardson
80% DSCR LOan for SFR
Hey Bp,
I wanted to share my situation with the hope of recommendations or suggestions. I currently have a home in Augusta, Ga listed for sale. Originally this was supposed to be fix and flip, but I am pivoting this ...
Nolan O.
Do these numbers support cash out refi?
I bought a rehabbed home about a year ago (turnkey-ish), which has cash flowed nicely and also appreciated significantly since. Given the appreciation, it appears I may be able to do a BRRR (rehab R missing) and recoo...
Thomas Ebenhoch
Multi Family Refinancing
I own a 3 unit multi family home in Upstate NY, bought in 2016 with a FHA 203k loan. Purchase price was $127K, renovations from the 203k brought the loan total up to $154K. The house was appraised by the county for $1...
John Colagross
Refinancing my home. Cash out?
Hello all. My name is John. I live in Muscle Shoals, AL. My wife and I are refinancing our home to take advantage of lower rate. We were on a 15 year fixed with the goal of paying it off by retirement (I’m 48). After ...
Michael Morin
Using a HELOC to buy rentals
Hey guys! I was wondering the pros and cons of using a HELOC to buy rentals. Personal experiences and how the terms were with your bank for the HELOC. I feel like its a good strategy and I'll most likely use a HELOC o...
Account Closed
What should I do after I sell my house?
I bought my house a little over 4 years ago, and have been remodeling it while also living in it. I am ready to sell it now and should net about $35,000 after the sale and other expenses (closing, real estate commissi...
Account Closed
Would you want 25k cash or $75k from a cash out refi
Curious what some of you who have experience would do.
If you had $25,000 cash to invest what would you invest in?
If you had instead $75,000 equity and did a cash out refi what would you invest in?
Which scenario...
Henry Bass
Cash purchase then refinance
If I make a cash purchase, is there a time limit before I can refinance to get my cash back?
Chris Kendrick
More info on rental properties
I was just wondering how are people buying 2 to 4 rental properties a year, i was just thinking, lets say i got 40k to put down towards a property, that will include down payment and closing cost etc.., after running...