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11 December 2024 | 0 replies
Investment Info:Small multi-family (2-4 units) fix & flip investment in Bedford.
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2 December 2024 | 21 replies
I have 30-year fixed rate loans on all rental properties.
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13 December 2024 | 6 replies
I let my accountant know theres an error and he is attempting to fix it.
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11 December 2024 | 12 replies
We are looking to purchase a fix and flip.
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11 December 2024 | 3 replies
I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?
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1 December 2024 | 2 replies
Investment Info:Single-family residence fix & flip investment.
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10 December 2024 | 4 replies
It was previously a rooming/boarding home for men on fixed incomes.
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11 December 2024 | 8 replies
The loans are fixed rate programs, and the additional renovation financing is included into the one loan.
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11 December 2024 | 35 replies
you either want something in good condition where you can buy and not have to fix much, or something distressed.
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10 December 2024 | 5 replies
As mentioned seller credits are the best path as title insurance and taxes are pretty much fixed.