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All Forum Posts by: Nadir M.

Nadir M. has started 66 posts and replied 450 times.

Post: Cash out refi or no?

Nadir M.Posted
  • Posts 454
  • Votes 99

@Joe Villeneuve

What numbers are you referring to?

Post: Cash out refi or no?

Nadir M.Posted
  • Posts 454
  • Votes 99

@Eric Goldman

Basically just want funds now so I can move quickly when things I’m interested in become available

Post: Cash out refi or no?

Nadir M.Posted
  • Posts 454
  • Votes 99

@Greg Kasmer

I’m looking to pull out roughly 75k. My idea is to have it on hand for when I do need it. I’m always looking to buy. It would be nice to have that money and not worry about how to obtain it if I do find something I want. You’re explanation was very helpful as I never looked at it that way. I’m getting a lower interest rate on this refi than I was getting on the original loan

Post: Cash out refi or no?

Nadir M.Posted
  • Posts 454
  • Votes 99

Hello everyone

I currently had some of my rental properties appraised as I’m looking into cash out refi…

What thought process is usually taken into consideration to determine whether cash out refi is a good idea or not? I may have another investment that I want to pursue so I can use this money towards that. If not, then it’s nice to have money and use it when the time permits. I will be losing roughly $300/month in cash flow doing this. Will these houses appraise for more in the future? Probably. Will interest rates increase? Maybe. Who knows. Any suggestions/insights are greatly appreciated.

@Ashley Reynolds

I’m actually an out of state investor. I live in CO. Would not mind chatting at all.

@Ashley Reynolds

So they’re building a $500 M renovation around 72nd and dodge that will be completed in 2024

@Joseph Hammel

Photos updated

@Gary L Wallman

Photos updates

@Gary L Wallman

Have you ever had a tenant who smokes stick to their word when they say then don’t smoke inside. Stating that it can be a firm part of the lease etc

@Joshua Viksman

I I’ve that.