All Forum Posts by: Anabel Lop

@Anthony Therrian can you also share the info of your broker with me?

Josee, how is your journey now? I am curious, do you own more properties now? seems like the RE in Calagary is now booming.... 

Thank you for your reply! What kind of info do they usually need? 

Hola everyone! 

I am a Canadian/Mexican citizen with a rental property in Portland, Oregon. I got it 5 years ago when I worked there. I have an SSN and good credit score but in the use, I only have my us rental income which is a loss right now, therefore I haven't been able to refinance to take some cash out for my next property. I contacted a brokerage and they said I can refinance with them at a higher interest rate and for up to 75%…. So, i would be able to cash out about 90k. I am currently paying around 200 a month on PMI which in the end is like an extra interest… so I wonder if I should go ahead with the refinancing and go from 3.75 interest to 7.5% or do nothing and leave that property alone. I am pretty new and would love some recommendations or advice on this matter.

Also, if you recommend someone I can talk to please let me know, I am willing to pay to get this sorted out. 

Thank you so much for your time! 🙏🏽

Hola everyone!

I am a Canadian/Mexican citizen with a rental property in Portland, Oregon. I got it 5 years ago when I worked there, since I moved back to Canada and have no USA income I haven't been able to refinance to take some cash out for my next property. Also, I do not own any property in Canada yet!!! 

I contacted David´s Greene team (The One Brokerage) and they said I can refinance with them at a higher interest rate and only for up to 65%. So, it will be for about 50K. I am wondering what to do, whether I should look for a partner in the US with income to refinance the house at 80% LTV and get one or two more houses, or go ahead and refinance by myself and find a property that I can buy with that downpayment of 50K. Looking for recommendations or advice in this matter.

Thank you so much for your time! 🙏🏽

Anabel