Will you use the HELOC as a short-term bridge, or plan to hold it longer?

For instance, my PlayStation was stolen, and because my cleaner didn’t catch it in time, we couldn’t identify which guest to hold accountable.

Seems 98% of them just want to take a picture holding a big key sign and promote their business on social media.

Hello, looking to potentially use a hard money lender in NJ. Can anyone recommend some stand up lenders I can speak to? Also if any NJ agents that are familiar with using these and transitioning out of them can reach ...

You need to make progress so your holding costs don’t eat you up, but so many of the “good” people are busy.

So it’s not a house you’d should hold with your own money.

If these type of damages occur in the future, I would recommend holding the tenants deposit, or if there is a claim to be made through the insurance you sell them you could approach that avenue.

Personally I like to build with cash to avoid the extra expenses, so I dont actually finance anything until its done and I have decided to hold it.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

(Ideally I'd like to hold the homes a long as possible)Would love some feedback from the BP community