All Forum Posts by: Lisa Brink

Hi Nitanga,

A great book is The Book on Rental Property Investing by Brandon Turner.  He motivates me so much that I will be making an offer on my next property in May.  The Ultimate Beginners Guide is helpful as well and Bigger Pockets has so many other tools. 

Thank you all.  I appreciate your input.

I currently have FHA and want to refinance to get out of that. My lender will only do it through refinancing. The interest rates make me nervous to do so. I would like to free up FHA for the next property if I need it and with a decent LTV I am not thrilled paying 400 in PMI.

So I think I should fix the above prior to next investment.  

Hi I purchased my primary residence in 2016. I needed an FHA loan. I am in the process of refinancing to go into a conventional loan prior to starting RE Investing. My questions are: In California can you purchase a second if you have an FHA? When you do an investment loan do you normally impound taxes and insurance? What is the formula for calculating if this refi is a good deal for me (ie, current loan 535K, value 710K but PMI is 400 per month. Current interest is 3.75 and proposed interest 4.5)? I tried using the calculators but became a bit lost as I want to continue to keep this as my primary. Thanks in advance for any feedback. I am super excited to get things going on my investment business.

Lisa