Gabriel Fung
Starting a Syndicate Fund on lucrative business model - Assistance Needed
5 January 2025 | 2 replies
This generated $2M+ in equity, and thus is highly lucrative, but takes 2-3 years.Note worthy: I am located in California, but I did this project in Canada.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
17 January 2025 | 3 replies
But i'm sure that perspective will increase or decrease as I mature. big difference though in 30 mil in equity in RE and 30 mil in cash after you sold your business or your stock and bond portfolio is worth 30mil.. crypto goes up and down to much LOL.. but I am sure there are plenty of very wealthy crypto dudes and duddets.
Bruce Reeves
Sell rental now?
16 January 2025 | 6 replies
Here's a big "math" you overlooked for quite a few years.Right now $388k in equity, minus (let's go all out) $100k in closing costs, gets you a walk away of $288k in equity.Use that $288k as a 20% DP, and you should have $1.44M in property value,...not $415k.
Desiree Rejeili
How Much Home Equity Have You Gained? The Answer Might Surprise You
13 January 2025 | 0 replies
For example, if your house is worth $500,000 and you still owe $200,000 on your home loan, you have $300,000 in equity.
Jacob Valdez
My First Home Purchase
3 January 2025 | 1 reply
I have owned it for 3 months and I have 230,000 in equity.
Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
My home has an estimated $100,000 or more in equity in it.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
My heart rate goes through the roof as I have about $90k in equity in that house.
Kevin G.
Antioch BRRRR Project
7 January 2025 | 0 replies
Purchase price: $420,000 Cash invested: $55,096 Purchased a distressed single-family home in Antioch, CA, using the BRRRR strategy to create $141,000 in equity and secure a cash-flowing rental property.
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
$ 200k in financing that is paid off from my "W2" in equal monthly payments for the next 5 years.
Brett Riemensnider
Seeking Advice on HELOC’s
13 January 2025 | 11 replies
For example, if you have $130K in equity, you might get $100K-$110K available in a HELOC.Look for a fixed-rate option for the HELOC to avoid rising rates.