Frank S.
Lender is asking for 2 yrs of records on refinance after 6 months
Hi there,I am refinancing a cash purchase after 6 months. The lender is asking questions about transfers between accounts and 2 year records for others. I don’t recall having to do all this work last time I refinanc...
Michael Phillips
Looking at the second to last R... is this the time to refinance
Hello everyone, looking for some BRRRR advice for a first time property owner. I purchased a fixer duplex in Echo Park in Los Angeles a year ago at $1.03mil with 30% down 4.25% residential loan. I went through a pai...
Diane Rinnix
Looking to do a cash out refinance on a property paid in cash.
Good day, We are in the process of purchasing a property for a flip in cash. The question I have if we decide to do the BRRR method does one of us have to have a w2 income?
Jacqueline Cormier-Harper
Should I sell, cash-out refinance or do a HELOC on my duplex?
I acquired a duplex about 7 years ago after my mother passed via an executor’s deed. I am not on the security deed. Both units have identical floor plans. The property interest rate is 4%. I owe approx. $82K with a ...
Buyan Thyagarajan
Need to know of good credit unions in Philly for a mortgage refin
Hi Guys,I am an investor based in Philly and have a rental property in Darby which is rehabbed and has a tenant in. I am looking for 30 or 15 year mortgage for my rental property which is in my LLC. I would like to kn...
Jay Ben
Can you let me know what exit/refinance cap rates you are seeing
Hello Everyone! Can you let me know what exit/refinance cap rates you are seeing lately and what you are forecasting in the future? Thanks!
Jordan Wells
Can I refinance my 15 year FHA loan into a 30 year conventional?
My wife and I purchased our first property (a duplex) in September of 2018 using an FHA loan. We discussed the pros and cons of the 15 vs 30 year options, and decided to go with the 15 year. At the time, the differenc...
Robert Collins
How long does it take to refinance a home you paid cash for ?
So I’m wondering how long does it take to refinance a home you paid cash for, renovated, have tenant in place, how long does it usually take to get a refinance done ? ( I’m in the process of reading the BRRRR book btw)
Austin Harley
What to do with paid-off rental mobile home too old to refinance.
Currently it nearly pays for my primary residence in another state, which is mortgaged at $1100/mo at 4.125% and has about $75k in equity. But... I'm thinking about selling it and putting the money down on two single-...
Robert Collins
Is it difficult to refinance a home with a ARV under 50/60k ?
I’m focused on doing a BRRRR this year in a different market than usual & I got this example out of the BRRRR book where he said he sold a house in Arizona for net of $65k & then bought & rehab a house in...