How To Refinance Your Mortgage 2023
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- Опубліковано 14 бер 2023
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Thanks for watching!!
Needed this info,thanks MG!!
The teacher, thank you bro
The debate between mortgage vs. no mortgage is very interesting
I’ll never pay off a mortgage. Let that equity grow and take that money and buy another house.
LTV for investment props are much lower than primarys
Is a streamline refi basically a mortgage recast?
I’m more confused now thanks guys 😅
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?
Right, that's what I'm looking for.
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 ?
unless your investing or owned your home since 1985 with a 25% int rate, aint nobody refinancing their home in 2023
😅
its for ppl that want to marry the house but date the rate. buy now refi later
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?
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
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
It all depends on your plan
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00:05
MG TALK TO ME! WTF IS GOING ON?!!!
Lol unless
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