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3 September 2024 | 7 replies
A general credit line, on the other hand, could be secured by other assets or unsecured, and doesn't necessarily involve your home equity.HELOC Characteristics: - Uses your home as collateral - Usually has a lower interest rate than unsecured credit lines - Typically has a variable interest rate - Allows you to borrow up to a certain limit, repay, and borrow again during the draw period - Can be used for various purposes, including home improvements, debt consolidation, or as an emergency fund While it's possible to use a HELOC for RE investing or rehab projects, some lenders may be hesitant about this use.
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2 September 2024 | 5 replies
@Antonio IglesiasHouse hacking involves purchasing multi-family properties, living in one unit, and renting out others to offset mortgage payments and build wealth over time.
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2 September 2024 | 2 replies
This role does not interfere with my day job, and I am eager to learn as much as possible about the industry.I am now looking to network with local established people in the Halifax/HRM area who are involved in the real estate industry.
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1 September 2024 | 13 replies
The third method, which requires some time and effort, involves learning how to pull property addresses, names, and numbers.
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29 August 2024 | 5 replies
Hi there,I'm selling a single family home in upstate NY (owned by an LLC that is in turn owned by myself and my sister). We are also part owners in a small commercial property (also structured as an LLC) also based i...
1 September 2024 | 4 replies
In a wholesale situation, the F.B.I. looks at all parties involved, does not care that you didn't know and can ruin your life for a long time to come.
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2 September 2024 | 9 replies
Much thanks to anyone who can weigh in with their expertise.There are at minimum 52 regulatory authorities involved with residential mortgage origination and servicing (50 states + DC + Federal).
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1 September 2024 | 5 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
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3 September 2024 | 22 replies
We are approaching 100 guests, if we haven't surpassed it already, and only 1 of them was an issue that required AirBnB to get involved.
2 September 2024 | 8 replies
Because my son is also super involved with our properties, I wanted a seamless interface for him to be able to use.