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4 January 2025 | 28 replies
This will make the 5 acres value more than the entire 25 acres.
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7 January 2025 | 3 replies
Boot includes any cash retained or the difference if the replacement property is of lower value than the relinquished property.
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8 January 2025 | 8 replies
When going for a HELOC, aim high on your home’s value — let the appraiser bring it down to what it's actually worth rather than underestimating it yourself.Cash is king.
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7 January 2025 | 2 replies
Prioritize stable cash flow, good location, and manageable property condition, while considering strategies like gradual rent increases, expense reduction, and value-add improvements to enhance returns.
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3 January 2025 | 2 replies
It's never a bad time to buy if you can purchase below market value.
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3 January 2025 | 5 replies
It's what you paid, minus the value of the land, plus what you spent on long term repairs (roof, furnace, etc.
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3 January 2025 | 7 replies
.- Value add - How much does it cost to build additional storage units?
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6 January 2025 | 2 replies
I'm unsure if you would be able to combine both loans given that the HELOC is tied to a different property than the one you got traditional financing on.A work around is if you are able to purchase the new property with the HELOC at a significant enough discount, bring the property value up via renovations or additions, then refinance the property, pulling out enough money to repay the HELOC.