I have a rental property that I have a mortgage on the property is worth 63,000.00 I have pledged the property and a brokerage mutual fund of about 12,000. I owe $54,000 on the mortgage. Due to high taxes an 8.25% rate and insurance I am losing ...

I am trying to refinance a property with less than 80% loan-to-value ratio (LTV), so i am at a disadvantage. it is curretnly for rent but i wantto refinance. waht are my chances refinancing as a rental property compared to the chances i have (...

I want to refinance the rental property I bought in 2007, because it's rate will change by June 2011. But since rates are low these days, I am considering on refinancing our primary (our home) property also. My loans are with 2 different ...

I need help, can someone give me the name of a good lender to refinance a rental property with loan to value over 80%. It's in IL. Thank you!

We currently own a home that we've been living in for almost four years. We want to buy a new house and rent the one we currently live in. Do we need to refinance as a rental property? We also have an arm that is almost expired, so we need ...

We recently moved and because we were unable to sell our home, we decided to rent it. We were unable to refinance at the interest rate we wanted because it is now a rental property. We would like to lower our monthly payment, but have heard that...

I have a 10 acre farm in Oklahoma and I would like to refinance at the new rate? Does anyone know who will refinance a rental property with a mobile home on it?

I bought a home in 2003 with plans on selling and relocating in a few years. I have an interest free mortgage through March 2010. With the current market conditions I can't sell without giving it away. For the time being I'm leasing it ...

I have a rental property and need money for my sons college but do not want to sell the property? I always hear that you can pull money out of a property, but don't know how to do it. I have at least 80% equity in the property? Help

Can I refinance my rental property having two loans on it. The first is option ARM and the other is HELOC. Can I refinance only the first so that my LTV is below 75%. Can I pull another heloc to pay down the first heloc with lower rate

Our current mortgage needs to be refinanced no matter what we decide to do, but we are considering using the home we live in as a rental and buying another house to live in. Our mortgage now requires that we live in the home. How difficult is it...

I own a home which I now rent out due to having financial problems due to a few different reasons. Basically, I ended up with a really bad mortgage loan (yes, I have learned my lesson so please, no lectures). I put renters in it cuz I could not ...

Do you have to get your income/debt ratio below 40%?

As I understand it in the state of Texas home owners are only allowed one home equity loan. I have two separate properties, one is my primary residence and one a rental property....some years ago I had my rental property refinanced and in the ...

We own three waterfront condos in a small association of 12 units. Located in upscale neighborhood of luxury homes. We've never had a vacancy, but we would like to refinance one of them. However owning 3 of 12 units, we've met with ...

If its a rental property will the interested be higher if I dont live in the house?

I have the opportunity to refinance my home at 6.5% I would like to invest my equity of 30,000 into 6 unit rental property, that's 20% down . The owner is willing to hold the mortgage for 15 years at 7% with the option of a balloon ...

I want to refinance my rental property from currently loan amount of 30K to 170K, can I deduct the interest on the 170K new loan on schedule E, against the rental income, the cash out portion (150K) is used to pay off other loans or card card debt...

We have a small rental property (6% interest) and we signed for our MIL a home (8%, but she pays us for the monthly payment). We know that if anything happens to her, we would be responsible for the balance, or we could turn it into another ...

Can you refinance a rental property? Is it more difficult than a normal refi? Are there special rules?

I was wondering if anyone has refinanced their primary residence to purchase a rental property? What should I expect? What if I dont have enough money with the refinance to pay for the whole rental property? Do I have to then apply for another ...

I have a rehab loan that comes due in January. Since I am self employed, I have to go stated income. Many brokers are telling me that stated income loans have dried up. My income to debt ratio is around 54%. The house was appraised for 90k and...

I bought this house in 1998. I lived there until last year, in which time I refinanced it twice. I am now renting the property out. I am filling out my taxes and being asked to fill in boxes with "abstract recording fees" "legal ...

Are there any banks out there willing to refinance a loan on a rental property where the owner is behind on the mortgage and owes more than the home is worth. The homeowner is having difficulty catching up because of the late fees that are ...

I would just like to refinance ..but not to pull out any money but to get a 30 year loan with a good intrest, my curent loan is one of those 5 year deals, does any know?

Just need help in getting out from rental property, is bankruptcy the way to go?

i own a home and i lived in it 6 months and could not afford it any longer and then ended up having to move anyways so i had to rent it out. i would really like to refinance it because i got stuck with a bad mortgage loan because i was mislead and...