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14 episodes with cash out refinance
5 episodes with cash out refinance
4 episodes with cash out refinance
4 episodes with cash out refinance
2 episodes with cash out refinance
2 episodes with cash out refinance
3 episodes with cash out refinance
4 episodes with cash out refinance
2 episodes with cash out refinance
On This Episode What's a Cash Out Refinance?
Exploring financial strategies in homeownership often leads to considering a cash-out refinance, among other options. This article sheds light on its potential advantages and pitfalls, helping you make well-informed decisions tailored to your financial objectives. What Is a Cash-Out Refinance? In real estate, refinancing is the process of replacing an existing mortgage with a brand-new one with more favorable terms. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week Jay digs deep on home improvements or should we say which improvements could be done or has to be done! If you want to secure the value of your home you need to... The post MUCH NEEDED HOME IMPROVEMENTS & CASH OUT REFINANCE – 11-4-2023 appeared first on Jay Garvens.
This week Jay digs deep on home improvements or should we say which improvements could be done or has to be done! If you want to secure the value of your home you need to... The post MUCH NEEDED HOME IMPROVEMENTS & CASH OUT REFINANCE – 11-4-2023 appeared first on Jay Garvens.
This week Jay digs deep on home improvements, or should we say which improvements could be done or has to be done! If you want to secure the value of your home you need to know which projects are necessary so you don't spend money on needless projects that wont protect or raise your home values.
This week Jay digs deep on home improvements, or should we say which improvements could be done or has to be done! If you want to secure the value of your home you need to know which projects are necessary so you don't spend money on needless projects that wont protect or raise your home values.
If you're frustrated and overwhelmed by your lack of progress in real estate investing, despite your dedication and extensive research, know that you're not alone. Many experienced investors attend seminars, read books, and flip properties but still face minimal returns and missed opportunities. Instead of achieving financial freedom, they may accumulate debt and feel trapped in their current financial situation. Dan Slaughter, a military veteran with 27 years of service and a 20-year corporate IT sales career, found success in his inaugural real estate venture. Seeking an exit from his corporate job, Dan entered the world of real estate investing. He purchased a vacant lot in the Florida Panhandle, where he built a beachfront property with meticulous planning. This investment not only doubled in appraisal value but also generated income as a short-term rental. Dan's journey inspires military veterans aiming to transition into real estate for financial freedom. What You'll Learn: Discover the real estate investing success stories that will inspire and motivate you to act. Unlock the power of strategic thinking in real estate to maximize your returns and minimize risks. Learn the secrets to finding hidden opportunities in the real estate market that others overlook. Understand the importance of due diligence in real estate and how it can protect your investments. And so much more! Time Stamp: 00:00:00 - Introduction to Dan Slaughter and his Real Estate Journey 00:06:05 - A Unique Real Estate Strategy 00:08:45 - Numbers and Financing 00:10:55 - Cash Out Refinance and Exit Strategy 00:15:11 - Vetting Builders 00:16:39 - Making Offers on Properties 00:19:19 - Building Student Housing 00:22:32 - Market Value and Bedroom Configurations 00:25:22 - Number of Bedrooms and Potential Upsides 00:29:29 - The Parking Issue 00:31:55 - Surprises and Lessons Learned 00:33:33 - ARV Calculation 00:39:52 - Finding Your Niche How to Connect: For all avid podcast listeners looking to connect with Dan Slaughter, your gateway to his world is just a click away. Simply visit his all-in-one link (https://linktr.ee/bluecannonrei) to unlock a multitude of ways to reach out and engage with Dan. Whether you're interested in his real estate insights, or entrepreneurial advice, or just want to connect with a like-minded individual, this link provides you with a direct path to his various social media platforms. Don't miss this opportunity to connect and expand your network – follow Dan Slaughter today and start your journey towards growth and success. ----------------------------------------------------------------------------------- Snag a FREE copy of my book, and get connected to the Military Millionaire community on all of your favorite platforms: https://www.frommilitarytomillionaire.com/free-book Join The War Room Mastermind (no, not Andrew Tate's knockoff), the only mastermind exclusively for service members and veterans striving to achieve financial freedom: https://www.frommilitarytomillionaire.com/mastermind-application #militarymillionaire - Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/ - SUBSCRIBE: https://bit.ly/2Q3EvfE - Website: https://www.frommilitarytomillionaire.com/start-here/ Instagram: https://www.instagram.com/frommilitarytomillionaire/ Facebook: https://www.facebook.com/groups/militarymillionaire/ - My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
Join us for a jam-packed Episode 29 of the World of DVC Show where we jump in and answer YOUR Disney & Disney Vacation Club commonly asked questions! Marissa, Derek & Kerri share some of their recent Disney adventures over the last month including visits to Universal's Halloween Horror Nights, Marissa's post-hurricane visit to an empty Magic Kingdom, Kerri's stroll around Disney Springs - and great Boathouse meal - and Derek's Boardwalk & Epcot 1-nighter to celebrate his wife's birthday! The magic is back at Disney and the group shares how the last month has truly been the most magical month at Disney in a long time! For Around the World of DVC News, NOW is the time to reach out to the DVC Rental Store if you're looking to rent Disney Vacation Club points for a Spring Break & Summer Vacations in 2024!! DVC Resale Market kicks off an incredible new promotion - Starting with Magic - where buyers can turn Disney Vacation Club Resale Purchased points into cash OR even Walt Disney World park tickets! DVC Resale Market - Starting with Magic https://www.dvcresalemarket.com/promos/starting-with-magic-eligible/?utm_source=partner&utm_campaign=WODshow Marissa covers great things happening over at Monera Financial! With the Low Up Front Cost contracts as well as the latest Cash Out Refinance opportunity for DVC members, if you are looking to secure a Disney Vacation Club resale contract for the Holidays without breaking the bank the team has you covered!! Last but not least the team highlights the exciting news about Disney Cruise Line's newest ship The Disney Treasure, with bookings for 2024 & some of 2025 starting now!! This months prize...World of DVC Bucket Hats!! With Fall just around the corner we encourage everyone to leave a comment about their favorite Disney Fall / Halloween traditions or memories and email us at info@worldofdvc.com, don't forget to send pictures for bonus entries!! 5 lucky winners getting a World of DVC bucket hat! We then welcome Lindsay from the DVC Rental Store to help us answer listener commonly asked Disney Vacation Club questions submitted by YOU following last month's show! From the "Best Use Year" to "Best Steak at Disney" no question is off limits (and we can't wait to do it again!) We know you'll enjoy this September's episode & be sure to catch up on all previous episodes via the link below and THANK YOU ALL for the continued support and - as always - "We'll See Ya Real Soon!" Join the Ultimate Disney Community through Unlocked Magic! https://community.unlockedmagic.com/checkout/um-subscribe?via=world DVC Resale Market is the largest broker of DVC resale contracts in the world! https://www.dvcresalemarket.com/?utm_source=partner&utm_campaign=WODshow Monera Financial the superior lender in DVC financing! https://monerafinancial.com/?utm_source=partner&utm_campaign=WODshow DVC Rental Store the best place to rent out your points or try before your buy! https://dvcrentalstore.com/?utm_source=partner&utm_campaign=WODshow Travel to Disney and around the world with the Ultimate Concierge Experience through Be Our Guest Vacations! https://beourguestvacations.com/?utm_source=partner&utm_campaign=WODshow Reach out to the World of DVC Team Info@worldofdvc.com Lindsay@dvcrentalstore.com Ellie@dvcrentalstore.com (for all of your swap needs!) Paul@unlockedmagic.com(for any questions on this amazing community) Kerri@worldofdvc.com Marissa@worldofdvc.com Derek@dvcresalemarket.com
There are RED HOT SAVINGS going on at The World of DVC! This not to be missed episodes highlights all of the incredible promotions happening with The World of DVC from 10% below market value on DVC Resale Market purchases, to up to 75% off Disney's direct prices at DVC Rental Store the team has you covered! The team share some recent Disney adventures from trying Space 200 at Epcot for the first time, to a character breakfast at Riviera to experiencing the new Moana walk through at Epcot in a special sneak preview we jump into some exciting updates from Around the World of DVC! DVC Resale Market Red Hot Deals https://www.dvcresalemarket.com/promos/red-hot-deal/?utm_source=partner&utm_campaign=WODshow With no ROFR and great prices there's no better time to buy DVC w the DVC Resale Market especially with the Red Hot Deal promotions happening now through August 31st! You may be wondering ...What is a “Red Hot Deal?” Disney Vacation Club contracts under this promotion feature lower prices than our typical listings, so you can save even more than you would purchasing from Disney! Prices will be set up to 10% below market value, so these contracts are haggle free. That means you can start the resale process quickly, getting you one step closer to booking your next dream vacation. It's essentially eBay's “Buy It Now” button, but for Disney Vacation Club points! DVC Rental Store Promotions! Kerri covers the latest & greatest happening at DVC Rental Store. Limited Time Offer: $19 Per Point DVC Rentals! We just SLASHED our 0-7 pricing to just $19 per point! This is up to 75% off of Disney rack rate pricing! For a limited time, Guests can save even more when booking a Deluxe Disney Vacation Club Villa! Book a discounted DVC stay within the 0-7 Month booking window at the low cost of $19 Per Point! great news the promotion for $19 per point has been continued allowing guest to rent points and save up to 75% off direct Disney prices! They also announce the new Member payout of up to $19 per point for specific Home Resorts! Ellie shares the Swap of the Month and this Month it is all about Universal Studios! Universal Studios Swaps & More can be found here: https://dvcrentalstore.com/members/universal-orlando-swap/?utm_source=partner&utm_campaign=WODshow Speaking of Universal Studios...did you know that through Unlocked Magic you can now get the BEST DEAL on theme park tickets? Yes thats right Unlocked Magic now has discounted Walt Disney World & Universal Studios Tickets! Join today to take advantage! https://community.unlockedmagic.com/checkout/um-subscribe?via=world Marissa covers great things happening over at Monera Financial! With the Low Up Front Cost contracts as well as the latest Cash Out Refinance opportunity for DVC members! The Team invites everyone to share their DVC Questions for next month's episode with a special panel of DVC experts to answer them all (AND you could win a $100 gift card so it's a win/win!) We know you'll enjoy this August's episode & be sure to catch up on all previous episodes via the link below and THANK YOU ALL for the continued support and - as always - "We'll See Ya Real Soon!" Join the Ultimate Disney Community through Unlocked Magic! https://community.unlockedmagic.com/checkout/um-subscribe?via=world DVC Resale Market is the largest broker of DVC resale contracts in the world! https://www.dvcresalemarket.com/?utm_source=partner&utm_campaign=WODshow Monera Financial the superior lender in DVC financing! https://monerafinancial.com/?utm_source=partner&utm_campaign=WODshow DVC Rental Store the best place to rent out your points or try before your buy! https://dvcrentalstore.com/?utm_source=partner&utm_campaign=WODshow Travel to Disney and around the world with the Ultimate Concierge Experience through Be Our Guest Vacations! https://beourguestvacations.com/?utm_source=partner&utm_campaign=WODshow Reach out to the World of DVC Team Info@worldofdvc.com Ellie@dvcrentalstore.com (for all of your swap needs!) Paul@unlockedmagic.com (for any questions on this amazing community) Kerri@worldofdvc.com Marissa@worldofdvc.com Derek@dvcresalemarket.com
Today we cover everything you need to know about getting approved for a cash out refinance with bad credit. Everything I covered here: https://balanceprocess.com/cash-out-refinance-in-texas-with-bad-credit/
#realestate #realestateinvesting #mortgages #realestatetips Kevin & James, discuss CASH OUT REFI (Cash out refinance) vs HELOC (Home equity line of credit) the differences. Which option is better for you!? Let us know and reach out to us if you have any questions 00:00 Cold Open + Merch + Intro 00:41 Hot Topic: Home Equities Vs Cash Out Refi 01:35 In Real Estate You Make Money Over Time 03:08 Rate & Term Refinance + Merch 05:18 Understanding HELOC and Mortage 07:16 Is HELOC Like A Credit Card? 09:25 Understanding The Difference Between Cash Out Refi And Heloc 10:16 James' Update On The Rates 11:04 Kevin's Take On The Prices 11:36 Closing + Outro **WE DO NOT OWN THE RIGHTS TO THE MUSIC USED IN THIS VIDEO**
Question: I'm trying to harvest some equity from a duplex I own. I want to buy another property to use as a short-term rental (STR). What options do I have for taking out equity and buying the new property? Good credit, w2 income but Debt to Income (DTI) might be a little tight.
Tune in to this episode to know what exactly is the difference between cash-out refinance v/s refinance. The Naked Truth About Real Estate Investing https://open.spotify.com Resources mentioned in this episode YouTube: Cash-Out Refinance v/s Refinance Connect with Us To learn more about partnering with us, visit our website at https://javierhinojo.com/ and www.allstatescapitalgroup.com, or send an email to admin@allstateseg.com. Sign up to get our Free Apartment Due Diligence Checklist Template and Multifamily Calculator by visiting https://javierhinojo.com/free-tools/. If you want to get involved in larger projects and grow your network with like-minded people, be part of the next BDB mastermind session in Guadalajara, Mexico on February 9 - 11, 2023. To join, go to https://javierhinojo.com/mastermind/ or https://javierhinojo.com/mm-spanish/ and to apply to his BDB Mastermind, see https://javierhinojo.com/mastermind/#apply_form and answer the form. Follow Me on Social Media Facebook: Javier A Hinojo Jr. Facebook Group: Billion Dollar Multifamily and Commercial Real Estate YouTube Channel: Javier Hinojo Instagram: @javierhinojojr TikTok: @javierhinojojr Twitter: @JavierHinojoJr
Nationwide Switch Bridge Loans/Fix & Flip/Hard Money Loans To Longer Term Financing, No Income Verification, Non-Owner Occupied & Investment Properties Cash-Out Refinance Available. #nationwide #nonowneroccupied #investmentproperty #fixandflip #fixnflip #fliploans #rentalpropertylending #multifamilyinvesting #longtermrentals #california #californiarealtor #californiarealestate #californiahomes #californiarealtors #californialiving #califlorida #florida #floridahomes #floridarealestate #floridahome #floridamortgage #mortgagelending #nmls1704105 #bre01901050 #elixirmortgagelending --- Support this podcast: https://anchor.fm/arvin-taali/support
Today, we'll dive into cash-out refinancing and the best time for this mortgage refinancing option. Join us in this short but educational episode to lessen the chance of putting yourself in a risky financial position. Tune in for more! Resources mentioned in this episode YouTube Video: WHAT IS CASH-OUT REFINANCE? Connect with Us To learn more about partnering with us, visit our website at https://javierhinojo.com/ and www.allstatescapitalgroup.com, or send an email to admin@allstateseg.com. Sign up to get our Free Apartment Due Diligence Checklist Template and Multifamily Calculator by visiting https://javierhinojo.com/free-tools/. If you want to get involved in larger projects and grow your network with like-minded people, be part of the next BDB mastermind session in Guadalajara, Mexico on February 9 - 11, 2023. To join, go to https://javierhinojo.com/mastermind/ or https://javierhinojo.com/mm-spanish/ and to apply to his BDB Mastermind, see https://javierhinojo.com/mastermind/#apply_form and answer the form. Follow Me on Social Media Facebook: Javier A Hinojo Jr. Facebook Group: Billion Dollar Multifamily and Commercial Real Estate YouTube Channel: Javier Hinojo Instagram: @javierhinojojr TikTok: @javierhinojojr Twitter: @JavierHinojoJr
Ordinary Guys Extraordinary Wealth: Real Estate Investing and Passive Income Tactics
Did you know that the average homeowner is sitting on over $175K equity? That's right. So what can you do with it? Tapping into your home's equity can be beneficial in many ways. Home equity is a way to build personal wealth over time. So, you can access the cash needed to improve your financial situation or for whatever else you see fit. You can also use it to fund substantial expenses, and it's often a more cost-effective financing option than using credit cards or personal loans. But let's focus on using equity for wealth building. What can you do with your home equity? That's what Sam and Lucas are discussing in today's episode. So tune in and discover a couple of ways to use your house to get rich. “That $175K average, and obviously some people have more than this average, that can change people's lives. You can use that for so many things.”- Sam Primm “If you're a real estate investor, I would use that money to fund your projects, whether it's your flips or building your rentals. That's exactly what I would do with it.”- Lucas Walls In this Episode:-Why so much equity?-What is HELOC? What are its Pros and Cons?-What is Cash Out Refinance? What are its Pros and Cons?-Random Thought of the Day: What animal would win in a fight?And more!Resources:-Financing For Real Estate Investors, Simplified - https://www.fasterfreedomcapital.com/Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Manufactured Homes are limited in options when you pertains to refinancing or purchasing. We are able to help with several different programs. Cash out refinance is an option as well. There limitations and I discuss them in this episode. Main points is that your limited on loan to value of 70% AND can only do a 20 year term. You will still have the usual restrictions of built after 1976, doublewide and own the land. Check out the episode here to learn more about cash out refinances on manufactured home... I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! · Apply for a mortgage now at https://myvandyk.vandykmortgage.com/dr/c/qojpr · TEXT “APPLY” to 239-437-4278 · Call me or text me 239-910-5668 · Talk to my team were here to help! 239-437-4278 · Check out my website www.TimHartJr.com Connect with me on Social Media YouTube - http://bit.ly/2Ourk8c Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/
Saturday, August 20, 2022
Peoples Capital Group recently achieved a 49% return on investment to it's private investors through an 11 unit mixed use property in Paterson NJ in just 2 years! The private investors participating in this opportunity earned a 24% annualized ROI! Not only does this ROI beat the stock market by leaps and bounds, it also is 100% greater than PCG's initial targets. This was made possible by PCG's experienced management company that knows exactly how to turn a mismanaged asset into a cash flow machine. The hot RE market also helped property values and rental values. PCG purchased this property for $975,000, invested roughly $250,000 in renovations and the property recently appraised at $1.9M during the cash out refinance. This allowed the private investors to enjoy a large lump sum payout TAX-FREE! That's the best part of this whole process, refinance capital is a non-taxable liquidity event! To learn more about how you can qualify to participate in these types of opportunities and how this is a tax-free payout, visit www.PeoplesCapitalGroup.com--https://www.peoplescapitalgroup.com/https://www.instagram.com/real_estate_investments_nj/?hl=enhttps://www.facebook.com/peoplescapitalgroupnjhttps://twitter.com/PCGrealestatehttps://www.linkedin.com/company/peoples-capital-grouphttps://www.youtube.com/channel/UCCeJh5UgrdBDOabr2YLbAHg#NJRealEstateInvesting#AaronFragnito#PassiveCashFlow#PCG#aaronfragnito#njrealestateinvesting#passivecashflow#realestate#realestateinvesting#accreditedinvestors#investing#sophisticated--00:00 Intro01:07 How Our Investors Earned 49% ROI in 2 Years05:55 Payout TAX-FREE09:26 Exit Llc12:35 Learn more at peoplescapitalgroup.com--This is not a solicitation for funds, tax advice, or legal advice. This is not intended to be, and must not be construed to be in any form or manner a solicitation of investment funds or a securities offering. Peoples Capital Group LLC is NOT a United States Securities Dealer or Broker nor U. S. Investment Adviser is a Consultant/service provider and makes no warranties or representations as to the listener or viewer. All due diligence is the responsibility of the investor.Support the show
This week's question comes from Brandon on the Real Estate Rookie Facebook Group. Brandon is asking: On a cash-out refinance, is this considered income? If so, will I have to report it on my taxes?Real estate investing provides a lot of tax benefits, some that new investors or everyday homeowners simply don't know about. One of the greatest tax benefits? No taxes on loans and liabilities! That means that the cash-out refinance can be done without paying any taxes on the cash given to you from the bank. But, there are a couple of ways that you could get snagged during tax season if you don't follow the right steps.Here are some suggestions:Cash-out refinances are considered debt, not income, from a taxation point of viewIf you are planning to have your business pay you back for acquisition/renovation costs, be sure you make a record of that so you don't get taxed on your repaymentYou may pay taxes on a cash-out refinance if you plan on taking profits from your businessAs always, consult a tax professional if you have any specific tax questionsAnd more in the episode…If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).Links from the ShowReal Estate Rookie PodcastReal Estate Rookie Youtube ChannelReal Estate Rookie Facebook GroupRookie Reply: Cash Out Refinances vs HELOCs | Which Should You Use?Check the full show notes here: https://www.biggerpockets.com/blog/rookie-202Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Caeli Ridge and Larry Bailey host this episode and we talk How to Qualify and Prepare for your Next Investment Property.We covered:How Ridge Lending Group customizes your loan program for your next investmentRidge Lending Group is not a one-size-fits-allFannie/FreddieDSCRBank StatementsITN1099Ideas for "finding" money for investmentsJoint VentureLine of Credit or Cash-Out Refinance your primary home or investment propertyOther People's Money (OPM) and leverageUse your LLC and record a lien to make the refinance a Rate/Term refinanceAdjustable Rate Mortgages should be strongly considered nowListener question - What could be the best choice of how to take an investment property owned free and clear and turn that into more investment opportunities1031 Exchange overview and commentsTaking your current primary home and turning it into an investment property ("House Hack")You can join these live each week by following this link to join the call:https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/listAs always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com or send a text to 503-836-8582Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending GroupNMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights ReservedPrivacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
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In this episode we'll go over what a cash out refinance is and talk about the pros and cons of refinancing your home mortgage. A cash-out refinance means you're taking out a new loan worth more than your original mortgage. In general, you can borrow up to 80% of your home's value, but this amount depends on which lender you use. You would then use the new loan to pay off the original loan, and you would keep the remaining cash leftover to do whatever you want with it. It can be quite beneficial to your financial situation if done correctly. As an example, we used it to help us with building our rental portfolio! Have you considered cash-out refinancing? ------------------------------
Your home can be a powerful source of ready cash to fuel financial growth, add value to your property, or even provide a cushion should an emergency occur. Refinancing your mortgage and taking a home equity line of credit out on your home are two ways to make that capital available to you. HELOCs and refis are quite different from each other, though, so knowing which one fits your strategy best is important. In this episode, Pierre and Michael talk about the attributes of each and what situations might be best fit for either of them. Links mentioned: www.roofstockacademy.com --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals. Pierre: Hey, everyone, welcome to the Remote Real Estate Investor. My name is Pierre Carrillo and today I am joined with… Michael: Michael Albaum… Pierre: ….and today we're going to talk about refinancing and HELOC and which ones make more sense. So let's jump in. How's it going, Michael? Michael: Good here, I was telling you yesterday, my van broke down in the middle of California. So I had to get that taken care of and get a lift home from a buddy of mine… Pierre: In my hometown? Michael: In your hometown. That's right, that's right. We were smoking off the highway. So he said, oh, we got to pull over and get this thing fixed and it was going to be a week to diagnose it and get parts. So we just said let's leave it down there and then a buddy of ours was able to give us a lift home and we were like on our way home from being on the road for a month and a half. So we were super excited, super close and then wahh wahh wahh… Pierre: Not usually the best place to get stuck, I left… Michael: Yeah, if I had to point if I had to pick and choose it would not have been in this particular town. But that's okay, it's how it goes. Pierre: All tight. Okay, so let's talk about refinance, what just roughly, what is a refinance? And why would someone want to use it. Michael: So a refinancing that's not familiar is basically just getting a new mortgage on top of an existing one and it basically this new mortgage is going to replace the old one and so there are kind of there are two different types of refinances. One is called a rate and term refinance, where you're simply just changing the rates and the term of the loan and so if you have a 30 year fixed mortgage at 4%, and you go get a new 30 year fixed mortgage at 3%, because interest rates are better, but the loan balance remains the same. That would be a rate and term refinance, the other kinds of refinances called the cash out refinance and that's basically where you're actually you're getting money out of the transaction and so if you have that same 30 year fixed mortgage at 4% interest, and you have a balance of $200,000, but your home is appreciated significantly, or the property has appreciated significantly, you might be able to go get a new mortgage, a 30 year fixed mortgage at maybe the same 4% but for $300,000 and so that new mortgage is going to replace your old one, it's going to pay off the 200,000. But there's $100,000 left, that goes to you as cash in the form of tax free cash and so that can be a really, really powerful mechanism or lever to pull if you need access to cash and so those are kind of the two different types of refinances and how they work. Pierre: So those both sound like awesome options. Why wouldn't everyone always just refinance? Michael: Yeah, it's a really good question and a lot of people do they refinance, and refinance and refinance throughout the life of their property or maybe their own lives because it is such a powerful tool. Pierre: Refi till you die. Michael: Yeah, refi till you die, so it was it was not shocked to swap your job for the 1031 refi till you die. I love it. So yeah, I mean, it's a very powerful tool and of course, everyone's probably thinking, wow, if it's so powerful, like, is there no downside? I think that there are some downsides that we do have to talk about and understand. So first and foremost is it costs money to refinance, and some lenders will tell you oh, we can wrap the closing costs into the loan and so what that basically means is, if we go back to our initial example of like, $200,000, if it cost five grand to refinance, your new loan might be $200,000, to pay off that initial $200,000 loan, but it might, your new loan might actually be $205,000 and so they're wrapping your closing costs into the loan. So you don't have to pay anything out of pocket upfront day one. Now, you're still paying interest on that extra $5,000 over the course of that 30 year loan and so it ends up costing a lot. But for from a day one cash out your pocket perspective, it might not and so that's an option for folks to be asking their lenders about is that an option for them, depending on their situation. The other thing I think it's really important to keep in mind is that it resets the time clock, and for how your payment is broken down and so on a 30 year fixed mortgage or any kind of fixed mortgage, your monthly payment every single month is fixed, we know it's not going to change, it's gonna remain the same for the duration of the fixed period of the loan. But what does change over time is the amount that goes to principal and the amount that goes to interest and at the beginning of a loan, the majority of your payment is going to pay down interest. So if someone is towards the end of the life of their loan, they're paying down their principal very, very quickly and so if you go do a refinance again, that time clock is going to reset and now you're going to have a duration that you determined for the loan, but most of your payments going towards the interest. So that's important to understand that distinction as well. Pierre: What is a HELOC and how is it different? Michael: So a HELOC is an acronym and it stands for a home equity line of credit and basically, that is a line of credit against the equity that you have in the property and so a lot of refinances, they will give you 80% or 75% of the property's appraised value or they'll simply just replace the mortgage if you're going to take a lesser amount. So if you've got a $200,000 property, and it's worth 400k, but you do and rate and term refinance, you're gonna go get another $200,000 mortgage, that would be a 50%, LTV loan, versus going maximum 80%, LTV or 75%, if you're going to take out $300,000 loan, then you're going to be at 75%, you're gonna get cashed out. So a HELOC is basically on the equity and so if you have a let's say you have $100,000 of equity in the property, and a lender says, hey, we'll give you 80% equity line of credit, that means that they're going to give you like a line of credit of say $80,000 and the cool thing about line of credit is that they just sit there until you use them or until you need them and so if you set one up, you set up a line of credit, they're often free to set up with lenders, and never touch the thing, you're not going to pay a penny in terms of interest or principal payments, because you're not drawing on that line and you can think of it like a credit card. So with a credit card, if you're not spending any money on a credit card, you don't have any payments to make, there's no interest accruing. Same thing with a line of credit, so a lot of these lines of credit have a checkbook associated with them or an account associated with them. And so if I needed a $10,000, tomorrow, or in two days from now for repair, I could write myself a check, write Michael Albaum, a check from Michael Albaum line of credit, I'll deposit the check with my mobile deposit depositing app, it'll have $10,000 in my account, by the time the check clears now is when the time clock starts running on the interest payments and he locks are going to be traditionally interest only payments and the interest rate is going to be fluctuating it's going to be variable and it usually changes monthly. And there's oftentimes a ceiling and a floor. But so if I have a $10,000 balance, let's say my payments 100 bucks next month, if I make that $100 a month interest only payment, my balance hasn't decreased at all. So I'm not getting this benefit of the loan pay down like I am in a fully amortizing loan, which is basically what a cash out refinance or writing term refinances. So I want to just be very cognizant of what my balance is, what my interest rate is, and how much I'm paying off every month. Because you could pay off the entire thing tomorrow, or the day after, if you got a big $10,000 check in the mail, you decided, hey, I'm gonna go pay this thing off. There's usually no prepayment penalties, you can pay it off as aggressively or as slow as you'd like. It has a set period of set life that you have to pay it off in X amount of time. But that's going to be HELOC specific, but it's a very flexible tool and so your cash out refi is gonna be full interest, full interest and principal payments, fully amortized loan, your line of credit tends to be an interest only variable flexible line of credit you have access to. Pierre: Okay, cool. I have a few questions on so the So you're essentially on a HELOC, you're borrowing that money from the equity in your property? Michael: Yes. Pierre: So when, who are the interest payments going to? Michael: They are going to the bank, they're going to the lender that has that line if you have that line of credit with. Pierre: Okay, all right. Next question is you said it's a variable rate. Michael: Yes. Pierre: What okay, so say you're, you have a certain amount of equity in your property based off of its current valuation, and there is some like major market correction where the value of your property drops down significantly. Does that new calculated equity in your property, then replace the amount that you had available to you and that HELOC? Michael: It's a super good question and so it's something that a lot of people were very concerned with, sort of COVID is, hey, I've got these lines of credit out, are our lenders gonna start calling them do which they can, they're legally allowed to do that and it's all in the mortgage language and so it's important to read and understand that language very closely. But it can happen, lenders can say, hey, major downturn, like we're closing your line, you need to pay it all back and understanding what that mechanism is and how that works is going to be specific to your lender and your HELOC. Traditionally, I haven't seen that happen a whole lot, because values tend to fluctuate with time and lenders when they're looking at how much line of credit will extend to you. They're building in buffer and that's why lenders are only giving out 80% loan to value or 75% loan to value. They're like hey, Pierre, you've got to have 20% 25% skin in the game and so the property has to drop 25% before their investment is even at risk. So same thing with the locks they tend to go a little bit higher on the LTV I've seen up to 90% and so there's still that tempers sent buffer, which lenders that's how they're underwriting things, but to your question, short question long answer, they can close these lines of credit, yes. Pierre: Okay and then how do the HELOC affect your credit rating? I mean, it's pretty big chunk of credit that you're then pulling out on $80,000. That's a huge credit card. Michael: Yeah, potentially. So it's a lot of it'll show up as a second mortgage. That's really what it is. It's a second loan against the property and I, I'm not 1,000% sure. So I would ask the lender that you're getting the line of credit from, but my understanding is that most lenders when they do a credit poll, they'll see the full balance, the full amount of the line of credit as a debt on your credit score and so they'll just assume that you're making the minimum monthly payments on that loan, affecting your debt to income negatively. So I hope that answers your question. But again, I'm not 1,000% sure. But that's how I've seen it done in the past. Pierre: Going back to the variable rate on a HELOC are can that rate just change from one day to the next or is there a schedule that it changes? Well, you can you plan ahead, you know, and say, you know, did you can use it within this certain time period before the rate rises or is it just like, rates are variable, we changed it. Michael: Most lenders do monthly rate adjustments, and there tends to be a ceiling and a floor and so you know, going into it, okay, this is my maximum interest rate this, this will ever be throughout the life of this HELOC, which tends to be five to 10 years. So you can have an understanding, but no, it's really tough to forecast. Okay, rates are gonna go up on this date, and this is what they're going to go to. Okay and if you figure out how to do that. Pierre: Alright, so that brings us to, when do we use which one? When does a HELOC make sense and when does a refi make sense? Which one's better? Michael: It's a super good question and one that I get in the Roofstock Academy all the time, I'm constantly chatting about it with folks, especially given today's market environment where there a lot of people have made a bunch of equity in their home over the last couple of years. So it really depends which one is better, it really depends on it's a case by case basis. What I often share with folks is if you have a plan for the cash, within six to 12 months, I would go cash out refinance, if you're not sure, but you just know you want to have access to cash. I go with the HELOC because again, in that in that cash out refi scenario, you're paying on those borrowed dollars, day one, independent of what you do with the money independent what you do with the proceeds. So if I've got $100,000 proceed from a cash out refinance, but I don't quite know what I'm gonna do with it, I'm just kind of having it sit in my bank account that's costing me principal and interest every single day it's sitting there. Versus if I go the HELOC route, I set up a line of credit for $100,000. I can access it tomorrow if I needed it, but doesn't cost me anything to have the ability to access it on a moment's notice. So it really depends, I would say on what you're planning on doing with the proceeds. It also depends on your current loan terms, and what your new loan terms would be in terms of a rate and term or cash out refi if you're at a two and a half percent loan, 30 year fixed, and you would have to go through a five and a half percent. If you want to do a cash out refinance, I would think long and hard about that depending on the loan size on the smaller the loan less impactful a delta and interest rates gonna be, but on a really big loan, that can be really really, really impactful to your monthly payment. Now you could make the argument that oh, I can always refinance again down the road. Yeah, but today, I know exactly what your payment isn't at two and a half percent and I know it's pretty darn attractive. So in that instance, too, it might make sense for someone to go the HELOC route if they have to give up a really attractive or really a really solid loan. Pierre: Okay and can you use, is this a product like a HELOC? Can you just use this on your primary residence or can you use this on every one of your investment properties? Michael: Yeah, also really good question. They are most predominantly used and given on owner occupant primary residences, there are lenders that will give them out on investment properties, but there are fewer and far between it comes in, it's much easier to get on an investment property. If the lender already has the first mortgage. I'm investigating this right now with a investment property that I own. I'm going back to the same lender that has the primary mortgage and say hey, can I get a line of credit on this thing, there's a ton of equity that they're being open, too or r if you own it free and clear, that tends to be very easy. But what lenders don't like to do is specifically on investment properties because it is a second loan. They're in essentially in a junior position. So they don't want to be second in line to foreclose on the property. If you're not making your HELOC payments to them. Pierre: Okay, and so you take a HELOC out on your primary residence and then move out and now it's kind of you're renting it out as an investment property. Do you have to close out that HELOC or can you just keep that open? Michael: Yeah, it's a great question. It's that's going to be lender specific as to what they have in their language, I would imagine you can continue keeping it in effect in force if it's if you're making payments to them. That's kind of like when you get a primary mortgage and then move out and rent it out. You don't have to close the mortgage, but it's going to be lender specific and product specific as to what you have to do what you have to disclose if it can becomes a rental and it was a primary at one point. Pierre: Okay, cool. I think that's those are all of my questions on this topic. Do you have any, like final tips that you should that that you want to leave everyone with about both of them? Michael- Yeah, I think they're both really powerful products, really powerful tools to have in your tool belt, there are applications for both. But if you're not sure, definitely do your research. But also, it doesn't have to be one or the other and there's this kind of hybrid approach where depending on what your new product you're going into, from a rate and term or a cash out refi is, you don't have to take your maximum loan to value. So let's say you've got $100,000 of equity to play with that you can get a loan against. Maybe you take 40,000 in cash out refi and then 40,000 in HELOC. That way, you give yourself a little bit of cash today, but you also give yourself a little bit of flexibility down the road. And again, you really want to think long and hard. What is the plan for the proceeds? What am I going to do with this money once I have it in my account and again, for me, my kind of number is six to 12 months. That's what makes me comfortable. But if you're sitting out there like no, I'm okay having this money sitting my account for two years because of the uncertainty or because of whatever justification you have. Great. But again, it's not an all or nothing type situation for either product. So definitely start chatting with lenders and it's easiest to start with the lender that currently has the mortgage if you're interested in HELOC, but there are plenty of lenders out there that have just HELOC only products that can that can complement a mortgage. Pierre: All right, Michael, that definitely covers it. Thanks so much for sharing, anything else? Michael: Now this was great, man. Thanks so much for that for the awesome questions here. Pierre: All right, let's get out of here. Michael: Let's get out of here. Pierre: Thanks everyone for joining. Please subscribe to the podcast wherever you listen to it. If you're watching it on YouTube, hit the subscribe button that really helps us get out to more people. Thank you all for joining us and we'll catch you on the next one. Happy investing. Michael: Happy investing.
In this episode, Lady Landlords founder, Becky Nova, explains the difference and the right way to use a HELOC and a Cash out Refi. Want to work with Becky Nova? Apply here!
In this episode, Ryan discusses what equity is and how it pertains to home ownership. He then breaks down why you may want to know how much equity you have in your home and then what you can do with it even if you don't want to sell your house.
Our Investor product offers potential borrowers rates closer to prime than traditional hard money loans. Borrowers can qualify with flexible terms, including using rental property cash flow or debt service coverage ratio (DSCR), for example. No income qualifying is required. The Investor mortgage is ideal for borrowers who don't want to provide personal income documentation or are unable to qualify using traditional debt-to-income (DTI) ratios.1. Traditional Investment Purchase "Conforming QM Loan" Fannie Mae and Freddie MacW2 Income, Bank Statements, paystubs.... 2. "Non-QM Loans" DSCR Loan, NO INCOME DOCUMENTATION REQUIRED. The potential income, credit score, and down payment qualify you. Purchase without the hassle of income docs with competitive rates.3. Cash-Out Refinance your Hard Money Loan up to 80% LTV!!!!! BRRRRR Investor this is for you. Buy, Rehab, Rent, Refinance, Rinse and Repeat. Leave your income docs at home.... Let's stay in touchFollow me on IG @garyhomeloanshttps://instagram.com/garyhomeloans?r=nametagFacebookhttps://www.facebook.com/garyhomeloansGary Taylor | Sr. Loan Officergtaylor@afncorp.comwww.afncorp.com/garytaylorD: 302-469-0709 F: 302-467-2525Raziel Perez | Loan Officer Assistantrperez@afncorp.comD: 302-272-5649
Your home can be one of your biggest assets, but it can also be a huge liability. Sometimes, people even turn the asset back into a liability just to get the equity out of the home. This is called a cash-out refinance. Many people do these, but this does not mean that they are the best way to operate in your financial life. I want you to avoid going deeper into debt, if at all possible, and work to pay off your home sooner than later, regardless of the potential to "lever up" your financial situation. Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1 Don't forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money's No Object with Dylan Howell) [All links in description]. Tune in for more personal finance concepts. Don't forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money's No Object. I'm Dylan Howell. Facebook: https://www.facebook.com/mnowithdylan/ Instagram Page: https://www.instagram.com/mnowithdylan/ Twitter: https://twitter.com/mnowithdylan (Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)
If you are getting a construction loan to build a new home and you need cash for the down payment or the appraisal comes in low what can you do? In this episode, we talk about how you can use a cash-out refinance to get the money to make it happen. View Blog Post HERE! -- Resources: How to Buy Land Guide Custom Home Building Cost Guide Custom Home Floor Plans ADU Building Cost Guide ADU Floor Plans Home Remodeling Cost Guide
In this episode, our host, Pepe, talks about Cash out Refinance and Personal Loan. He talks in depth about what they are, their advantages and disadvantages, and what investors should keep in mind before reaching out to lenders to inquire about these loan programs. He also hypes up the importance of leverage, building a good credit score, and so much more.
Cash out refinance demand has surged over the past year. https://www.foxbusiness.com/personal-finance/cash-out-mortgage-refinancing-home-equity-black-knight Subscribe to #NinjaNation: https://economicninja.org
Wednesday, December 15th, 2021 This episode was full of information on multiple topics. In the first segment, Debbie and Heidi start by discussing FHAs in relation to Mortgage Insurance (MI) and how to get rid of that MI. Debbie says the best way to get out of the MI is to refinance, and that it should be done immediately due to interest rates currently being low and property values being high. They go on to discuss Conventional Loans and what the various options to choose from when wanting to remove Mortgage Insurance. They jump into the subject of Escrows and what that is. Heidi explains that Escrows are Property Taxes & Homeowner's Insurance, and that they are constantly changing on an annual basis. They drill down on this subject along with explaining the issues new homeowners will run into when cashing a “property tax refund check” by their current Lender. Debbie says to put that check into an account that cannot be touched, and let it stay in the account for at least 12 months to see if it must be paid back. She also recommends calling the Lender that issued the check in the first place to see what that check is for. We move to the second part of the segment where Debbie brings in Loan Officer Cindy Russon to discuss Accessory Dwelling Units (ADUs). Cindy talks about “Junior” Accessory Dwelling Units and the benefits of those along with normal ADUs (a separate structure from the home). Debbie expands on the details of an ADU by discussing its required square footage in relation to the structure of the main house. They get into HOAs and the rules and regulations (mainly in California) on how ADUs can now be used efficiently due to the restrictions being lifted. Debbie says that the process for getting ADUs in place would most likely be a Cash-Out Refinance to build the ADU, and then a second refinance (after the ADU is built) with a better interest rate on your home since it will now be worth more due to the ADU. Debbie says that Cash Out Refinance-Loans are better than Renovation Loans because the homeowner is 100% in charge of how that money is spent, especially if the homeowner has sources for building a proper structure for the ADU. Debbie and Cindy both say that the best way to start this process is to connect with them today! Check out the Mortgage Mom Radio online merch store! The beer mugs are insane! SHOP NOW Book your free phone consultation today, BOOK NOW We are LIVE on YOUTUBE every Wednesday @ 1PM PST. Interact with us LIVE while we record! Ask us your questions right in the comments or call in and you will be patched through to the studio. Text "MOM" to 844-935-3634 for a weekly link to join when we get started. Mortgage Mom Radio equips you with all the mortgage education that you could ask for right at your fingertips! Listen to our Podcast with hours of shows and topics, download our PHONE APP loaded with every mortgage tool that you could need, and finally, watch our HOMEBUYER WORKSHOP SERIES on YouTube! Debbie Marcoux is licensed by the Department of Financial Institutions under the California Residential Mortgage Lending Act, NMLS ID 237926, also licensed in AZ-0941504, FL-LO76508, GA-69178, ID-167867, IL-031.0058339, NV-57237, OR, TN-184373, TX, WA-MLO-237926
Last month we had a situation happen that I thought I would share. The borrower was referred to me by a friend and felt like they needed to explore other options for their loan. The lender they had chosen was trying to do an FHA 203k Rehab loan. I believe they were going on two months and were no where close to closing. The borrower only needed around $30k to remodel the kitchen and put in new floors. There was absolutely nothing wrong with the house so we treated this loan as a cash out refinance and closed within 30 days. In this episode I discuss why I would avoid an FHA 203K at all costs if you have an option to do a cash out refinance. Feel free to share this with anyone thinking about doing a remodel of their current home. The tip could save them thousands of dollars and tons of headaches. Thanks for watching! Have a rate day! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! · Apply for a mortgage now at https://timhart.floify.com/apply-now · TEXT “APPLY” to 239-437-4278 · Call me or text me 239-910-5668 · Talk to my team were here to help! 239-437-4278 · Check out my website www.TimHartJr.com Connect with me on Social Media YouTube - http://bit.ly/2Ourk8c Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/
Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing
Eventually you're going to want to put your lazy equity in properties to work. If you let it sit there you're getting a 0% return, so why wouldn't you? But what's the best way to get to that equity? Adam Schroeder and Zach Lemaster break down two ways you can get your equity: a HELOC or a cash-out refinance. The pros and cons, when to use each, and why it's important to actually put that equity into use. Website - www.RentToRetirement.com YouTube - www.YouTube.com/RentToRetirement Current Hotlist Properties - www.RentToRetirement.com/Hotlist
Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing
Eventually you're going to want to put your lazy equity in properties to work. If you let it sit there you're getting a 0% return, so why wouldn't you? But what's the best way to get to that equity? Adam Schroeder and Zach Lemaster break down two ways you can get your equity: a HELOC or a cash-out refinance. The pros and cons, when to use each, and why it's important to actually put that equity into use. Website - www.RentToRetirement.com YouTube - www.YouTube.com/RentToRetirement Current Hotlist Properties - www.RentToRetirement.com/Hotlist
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Moreira Team | MortgageRight is launching a revamped Cash-out Refinance service on 10th November.
On this week's episode, Kevin interviews Army veteran, co-owner of ADPI, and leader of ADPI Financial Services, Spencer Thomas. Spencer discusses the hot topic of the factors that determine whether you should do a HELOC or Cash-out refinance on your properties. He also deep dives into making sure you have a beneficial exit strategy for your financial situation. If you've wondering about the differences and whether it's a good idea to refinance, listen to this!"Don't be ashamed of not knowing. I get a lot of people that are very smart, but they're shy to ask questions because they don't want to feel dumb. But the best way to learn is to realize that you don't know what you don't know and ask questions.."-Spencer ThomasHere are 5 Key Takeaways from this episode:HELOC vs Home Equity LoanWhy You Should Build a Relationship with your Lending InstitutionIs a Cash-Out Refinance Right for You?Pros & Cons of Cash-out Loan ProductsTaking Your Full Financial Picture Into ConsiderationHonorable Mentions & Useful LinksFind a LenderConnect with SpencerFacebookEmailReady to take the next steps in your Military Real Estate Investing journey? Watch our Masterclass and claim your EPIC reward for action. Tap here to register today!Are you looking for a loan for your next project? Look no further! Check out ADPI Financial Services for all of your residential and commercial lending needs!No Time...No Worries! Get all the info you need now by texting DEAL to 33777Get your 13-Week Action Journal using this special offer just for our faithful podcast listeners! Helpful ResourcesConnect with the ADPI: Facebook | Instagram | YouTubeReady to TAKE ACTION and begin building your cash-flowing real estate empire? Don't go it alone! Check out our exclusive education and coaching products designed for self-starters like the Military Real Estate Investing Academy Thinking bigger? ADPI's exclusive Military Multifamily Academy and Mastermind Waitlist is open now! Sign up to reserve your slot in the most comprehensive, affordable, and educational multifamily real estate course on the web! Please Subscribe, Rate, & Review on Apple PodcastsThanks for tuning in to this week's episode of the Active Duty Passive Income Podcast! If the information shared in these weekly interviews has inspired you to pursue your dreams of financial independence, please do me a personal favor and head over to Apple Podcasts, subscribe to our show, and leave us a 5-star review.Support the show (https://www.patreon.com/adpi)
The wish list includes fencing in the yard, a second bathroom and another bedroom. Should we do a cash-out refi to pay for it? Have a money question? Email us, ask jill [at] jill on money dot com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Here are 3 ways to get approved with credit score in the 500’s. Link to everything I covered here: https://balanceprocess.com/cash-out-refinance-500-credit-score/ Be sure to subscribe to Mortgage by Adam on YouTube
Click Here for the Show Notes Get a New Business Formation for as Little As $0 Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing. IF YOU LIKE THIS PODCAST we would love it if you would go to iTunes and Subscribe, Rate & Review our podcast. Continued Success!
Looking for some advice on leveraging the equity in your home? Mortgage advisor Arjun Dhingra NMLS#1166050 of the Mortgage Reports podcast recently tackled the trending hot topic of homeowners and cash-out refinances. Here's what he had to say. The Mortgage Report Podcast presented and operated by FULLBEAKER, INC. NMLS#1019791
Finance Flash Go | Create and Grow Wealth | Lessons, Tips, and Strategy
Today on the Finance Flash Go! podcast, we will talk about cash-out refinancing. When is it a good thing? We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to financeflashgo@gmail.com, and please be sure to check out Jordan Frey's blog prudentplasticsurgeon.com where he gives great financial advice. A brief disclaimer, while we are providing knowledge and awareness around financial topics in this show, we are not held responsible for any financial decisions you choose to make in response to the podcast. We hope to provide accurate information in regards to money and different methods of wealth creation, but it is always the learner's responsibility to due their due diligence before making important financial decisions. We hope you enjoy the show and thanks for tuning in, and if you like the podcast please subscribe, share, and leave us a review on the podcasting platform of your choice!
Saturday, July 3, 2021
Saturday, June 19, 2021
Discover why refinancing is so important, including how it can increase cash flow and cash on cash returns. Plus, you can pull out tax-free cash. You'll also learn the secrets behind refinancing that every commercial real estate investor should know.
What is a commercial cash out refi and how can it help commercial real estate investors? Find out how to use this refinancing strategy to build wealth and how to apply this skill as a syndicator of commercial real estate deals.
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