How To Refinance Your Mortgage 2023

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  • Опубліковано 14 бер 2023
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    Thanks for watching!!

КОМЕНТАРІ • 23

  • @gsherman554
    @gsherman554 Рік тому

    Needed this info,thanks MG!!

  • @mappsvilleboi
    @mappsvilleboi 5 місяців тому

    The teacher, thank you bro

  • @domyank95
    @domyank95 Рік тому +4

    The debate between mortgage vs. no mortgage is very interesting

    • @josephwilliams2633
      @josephwilliams2633 5 місяців тому

      I’ll never pay off a mortgage. Let that equity grow and take that money and buy another house.

  • @alfredoma5015
    @alfredoma5015 Рік тому

    LTV for investment props are much lower than primarys

  • @user-sh3mu4og7w
    @user-sh3mu4og7w 11 місяців тому +1

    Is a streamline refi basically a mortgage recast?

  • @lostinorangecounty6172
    @lostinorangecounty6172 11 місяців тому

    I’m more confused now thanks guys 😅

  • @s1n27
    @s1n27 Рік тому +2

    can you do a video on how to get equity out of the home if you already own it and now longer have a mortgage?

    • @LowDrives
      @LowDrives Рік тому

      Right, that's what I'm looking for.

  • @Maxdalova
    @Maxdalova 11 місяців тому

    Just found out today that i cant do a cash out refinance becasue the new rules say i need to have the home for a year!! I am bugging out !!!!! What ?

  • @EnterTainment-vv1qs
    @EnterTainment-vv1qs Рік тому +9

    unless your investing or owned your home since 1985 with a 25% int rate, aint nobody refinancing their home in 2023

    • @Adam_824
      @Adam_824 Рік тому +1

      😅

    • @cheftommy
      @cheftommy Рік тому

      its for ppl that want to marry the house but date the rate. buy now refi later

  • @trottheblackdog
    @trottheblackdog Рік тому +3

    Maybe I got dropped on my head is a baby, but I still don't get the benefit of a refi for an investor. You're exchanging a smaller loan for a large alone, and a smaller mortgage payment for a larger mortgage payment. Doesn't that go against the ideas of cash flow?

    • @Native2Earth
      @Native2Earth Рік тому +3

      A rate and term refinance doesn’t make your mortgage payment larger unless you want to pull money out or pay it faster. What you can decide to do is add time to your mortgage to lessen the monthly payment so you could have higher cash flow

    • @EnterTainment-vv1qs
      @EnterTainment-vv1qs Рік тому +2

      Also as an investor your initial loan could be a private money loan with a high interest so you then need to refinance into a lower int rate loan with longer terms

    • @brandongreere
      @brandongreere Рік тому +2

      It all depends on your plan

    • @jahbless9791
      @jahbless9791 Рік тому

      😮😅😊😮😊😊😮😊😊😊😊😢😅😮😅😊😊😅😮😊😅😊😮

  • @frenchblueee
    @frenchblueee 6 місяців тому

    00:05

  • @Maxdalova
    @Maxdalova 11 місяців тому

    MG TALK TO ME! WTF IS GOING ON?!!!

  • @rubenluvsmig
    @rubenluvsmig Рік тому

    Lol unless

  • @jahbless9791
    @jahbless9791 Рік тому

    😅😮😅😮😊😊😊😊😊😮