All Forum Posts by: Tabesteph Moliki

any before and after photos, also where/how did you find this property? 

@Jaysen Medhurst yeah sounds reasonable, I was just more so thinking as to weighing the pros and cons behind it all which is what has me so hesitant at this point. But I think I will go ahead and do both the cash our first and then HELOC second in that order! I pretty much just plan on holding whatever funds I receive from this and use it next year to purchase another property anyway!

@Jaysen Medhurst so you would advice listening to the lenders advice and do a cash out at 80%LtV, which would remove PMI and lower monthly mortgage payments, and then turn around and do a HELOC for the remainder 10%?

Hello everyone! Hope everyone had a fun and great Memorial Day weekend! In need of some help and would definitely appreciate it! Thanks In Advance! So I’m

Thinking of refinancing my home which I bought for under market value and it's approaching 6 months, but my the lender is motivating me to do a Cash out refinance first at 80% LTV which is their highest, which will remove PMI as well as give me a better monthly mortgage payment first. And then turn around and do a HELOC after for the remaining 10% of the property. Because he is stating this will help to get me a better rate and remove PMI first, and get me some cash back in my pocket. I was just wondering is this a wise decision? Because I planned on getting equity (cash) From the property to use to purchase another property some time next year, but just indecisive as to which is the better option to do first. I wanted to do just a simple HELOC, but he was saying it would not make sense to do a HELOC at 90% LTV, and then try to do another refinance to remove the PMI and get a better monthly rate. Any input on this topic would definitely help! Thank You All!

thank you all for your responses and inputs on this. @Russell Brazil @Teresa F. @Ray Slack @Ray Johnson 

does anyone invest in condos in the DMV area? More so specifically MD. Do you flip then or just purchase for long term buy and hold? And how are the HOA fees associated with it and any special assessment bylaws? Reason I ask is because I am interested in purchasing a condo for buy and hold!

yes, I am looking for a material source for wholesale! Thank you!

Hello everyone, I am currently about to purchase my first ever property, and it needs new flooring through out the entire house. Does anyone know a good flooring wholesale distributor located in Maryland or close to Prince George's County? Thank you! 

Sorry, I meant there are close laundromats but they are not 24-7!

Thinking of purchasing and house hacking a townhouse property with 3 BR, 3FB, 1HB. Fully finished basement. The upper part of the home will be rented out and I will live in the basement where one of the Full Bath is but the washer and dryer/utility are down in the basement. So should I give them access to use the washer/dryer or not. Also, there are no close by 24-7 laundromats or anything around in the area.