Does anyone recommend a lender that will do a fixed cash-out refi for 30 years? The property location is in South Texas. Preferably 85% loan to appraisal value.
Hi BP members,
I'm looking for advice whether or not I should buy points from my lender. I have an option to refinance at 3.875% at 0 costs or I could save $189 at 3.125% at $12.5K cost. It would take 5.5 years to ma...
Hello,
My parents helped me by my first rental property . I am currently renovating it and we plan to when i am done to transfer the property to my buisness name. what would be the best route to go.
I've been gaining wealth over the years by a more conventional way of flipping and now want to start to BRRR. I have 500k and no debt to start off with, so what is my best bet? I assume buying and rehabbing one prope...
How do I best leverage the equity in my property to purchase another property? Here are the details upfront:Purchase price-$135kDown payment-25% ($33,750)Target ARV-$170kWhat is the best, most cost effective way to pu...
I am a new investor in the San Antonio area and I am looking for a local bank to do my refinance throughout my LLC.
I have talked with many local banks but everyone is lending with variable rates. Does anyone know if...
Hey guys just got an offer accepted on a 3 family and current interest rates for conventional loan for investment properties are around 7%, with 25% down. I talked to the company that manages my 401k and they are offe...
Hello everyone. My name is George and this is my first Post!!I am buying a property with Seller Financing. Property is free and clear. Purchase price is $100,000. Down payment is $10,000 and Seller will finance $90,00...
We are all in the same boat. I have been sitting on a great rental for 2 years waiting to refinance. Has anyone found a way to refinance and get cash out for a rate better than 7%?
If I have an investment property titled in a LLC, is it difficult to refinance down the road when interest rates drop?
I understand conventional mortgages do not lend to LLC, but commercial mortgages have shorter fix...