The rates for a purchase money loan (one where you take the loan out to directly acquire the property) vs when you do a "cash out refinance", which your loan would be if you chose to pay off the line with a loan on the primary residence, it typically done at a higher rate.

I would encourage you to ask the right questions of any turn key ... do they actually acquire the properties ?

So far, I acquired 4 properties and hold 1 for rentals made 150k equity and $400 per month cashflow with 7.25 interest rate.

There is another, much less stressful and less costly way.We also JV with private capital partners and land flippers to deploy prefab modular homes on our acquired and subdivided properties.If you need any guidance, feel free to connect with me here, on FB, or LI.

You'll quickly learn that many investors who acquire deals in Atlanta implement a rent-by-the-room/co-living strategy.

Acquired this deal from another agent, off-market.

Good afternoon everyone,I conceder myself somewhat a newbie at this, I currently have 2 properties, 1 I live in the other is rental. All in Detroit. My problem is I'm trying to 2 more properties this year, and pay wit...

If the answer to all three is Yes, I buy.And let life unfold.I have NO IDEA what the ultimate return will be….NONE….And neither does any other investor if they are honest…..most crystal balls I find are broken.But if one acquires the property is a solid long term manner based on fundamental investing principles and is never forced to sell…History indicates the long term trajectory of price and rents are up.In my experience, real estate follows cycles……. 6 or 7 years of a bull market, 1 or 2 years down (though the up is always larger than the down), 1 or 2 years of flat which then sets the floor for the next run up.

Hey all,A developer I was talking to told me about a way to acquire properties by having the seller put the property in an LLC and transferring ownership of the LLC (or selling the LLC) with all it's assets to a new owner.

I know of credit cards that can be acquired for a business that has a very low rate, I don't know of a 0% card.