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22 December 2024 | 23 replies
@Brett Jurgens,With strong equity and a good tenant, you have a few options:Cash-Out Refinance: Offers lower, fixed rates for stable monthly payments and lets you keep the property while using equity to invest in another rental.HELOC: Provides flexible access to cash, though with typically higher, variable rates that can fluctuate over time.1031 Exchange: If you're open to selling, a 1031 exchange could defer taxes and allow you to trade up to a higher-value property or diversify into a different market.Each option has pros, so it really depends on whether you want to hold onto the current property or leverage its value for something new.
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17 December 2024 | 4 replies
open for suggestions and other area recommendation?
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18 December 2024 | 11 replies
I called the leasing broker and asked if the owner would be open to an offer.
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17 December 2024 | 12 replies
And as this fleshes out and rents continue to rise, I feel like it's only a matter of time till renters are more open to this type of living.
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16 December 2024 | 17 replies
Open to being a full-time agent for sure, but imagining that could take some time to replace my current income.
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13 December 2024 | 5 replies
Im open to conventional financing or seller financing.To find properties, you can network with local agents and brokers, join local real estate investment groups, use online platforms like Zillow, Realtor.com, and Redfin, send direct mail campaigns, drive for dollars, network with property managers, and explore seller financing.Good luck!
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19 December 2024 | 8 replies
I used a LOC to build a 12 site RV park in a small town, opened it up and 1.5 mnths later, I'm full occupancy and servicing the debt (some of it at 8.75%) & cash flowing.
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21 December 2024 | 20 replies
Are you open to Section 8 rentals or do you want to stay away from that?
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13 December 2024 | 16 replies
I opened a business checking account with Regions.
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17 December 2024 | 11 replies
But Brandon Turner mentioned Asana is what his company, Open Door Capital, uses (in BP Episode 479). https://www.biggerpockets.com/...