Aloha! We just refinanced our house. We've been in it for a year and a half. We might want to sell in a couple months. Does our clock for paying capital gains tax restart when we refinance?
Hey all! Excited to be here.
So, it seems my concern about the BRRRR method is shared.
-When it comes to this strategy, what sort of requirements must one meet for the bank to consider refinancing the property? Wil...
So with rates low I looked into refinancing my primary residence. Talking with the lender it looks like it'll be roughly $2,785 in closing costs, as a result of the improved rate, I would save about ~$190 on my mortga...
With the mortgage rates suddenly increasing in the middle of our double closing, we like many others got screwed in our expected cash flow rate on our new duplex. With the last drop with the most recent rate, would it...
Hey everyone,
I’m hoping to get some feedback about this. I’m considering doing a cash out refinance on one of my rental properties. I’m looking at taking 30k out and changing it from a 30 year into a 15 year. The P...
Okay so we purchased a property under LLC with a hard money lender and I'm just trying to get an idea and have a clear plan for when it's time to pay the hard money lender back we thought that we would owner occupy th...
Hello biggerpockets community. My name is Rennie Sosa and I'm a new investor in the state of NJ. I'm having trouble finding a bank that will cash out refinance a property with an LLC. Has anyone had a problem like th...
What is the highest DTI that is likely to be approved by a lender?
Hi Folks - I own 3 properties in Denver metro (one is a primary residence) and I’m wondering if there are pros to refinancing the three notes into one? Also wondering how difficult this process is? I guess my mind-set...
I was listening to episode 513 earlier and the first topic discussed was someone purchased a SFH to use with BRRRR method. They purchased it in an LLC. The issue they ran into was that the bank was using the income va...