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Results (10,000+)
Darrcelle McGinnis Sell it or rent it?
9 April 2024 | 5 replies
In a rural area with no jobs, your odds of finding a good tenant or a good buyer are limited. 
Ashek Elahi Newbie investor starting BRRRR
9 April 2024 | 11 replies
Working with a wholesaler will likely be your best bet, but be ready to waive many of your contingencies to get the deal done. 
Marcos Cardenas Share some good college degrees that go along with real estate investing!
10 April 2024 | 27 replies
I would be willing to bet a very small percentage of people on BP majored in specific degrees.
Kenny Simpson Mortgage rates in the 4's and 5's in 2023?
9 April 2024 | 64 replies
And I bet 6-8% interest rates will be the norm for years.
Ashish D. Why are Tax Liens and Tax Deeds documented evil on this website
10 April 2024 | 37 replies
@Ashish D.I also bet everyone of those sites will also charge you a hefty fee to learn how to do tax liens and deeds.Of course it’s easy and everyone should do it and make six figures.
Sean McKee How to use HELOC to fund down payment?
7 April 2024 | 5 replies
So I have to transfer it to the savings account first, then wire it from the savings account.Your best bet to get a definitive answer is to call the bank that has your heloc and ask if they can provide cashiers checks and wire transfers from it or not.
Martin Bys Newbie investor analysis paralysis
9 April 2024 | 24 replies
If your goal is to retire your fiance, your best bet is to increase your W2 income and lower your expenses.
MIchael McCUe Can I pay into an unsecured loan and loan amounts to income
8 April 2024 | 4 replies
Your best bet would be to go to a bank and see what type of personal loan you can get.
Robert Rixer Taking Bets on Highest Appreciating Major Markets in the Next 5 Years
6 April 2024 | 16 replies
I think Charleston is also a good bet, with St.
Ornella Kaneza 50k in equity and want to pull and invest
8 April 2024 | 4 replies
Here are some considerations for each option:Option 1: Using the HELOC for a down payment and renovation on a second property to rent:Pros:You can leverage your existing property to acquire another investment property without selling your current home.Rental properties can provide a steady income stream and potential long-term appreciation.You can use the HELOC funds for renovation, which can increase the property value and rental income.Cons:You'll have to manage the property yourself or hire a property manager, which can be time-consuming and add to your expenses.There is a risk of vacancies or unexpected maintenance costs, which could impact your cash flow.You'll have to pay back the HELOC, which will increase your monthly expenses.Option 2: Building a new house in a new community and selling it for a profit:Pros:You can potentially make a significant profit if the market is favorable and the property value increases during the construction period.Building a new house allows you to customize the property and potentially attract more buyers or higher rents.Cons:This strategy involves a higher level of risk, as you're betting on the market to appreciate in a relatively short period.There are many unknowns and potential delays in the construction process, which could impact your timeline and profitability.You'll need to have a good understanding of the local real estate market and construction costs to ensure that your project is profitable.Before choosing either of these strategies, consider the following:Research the local market conditions in Chandler, Arizona, to understand the current demand for rental properties and new construction homes.Consult with a real estate agent or investment advisor who has experience in the local market to get their insights on the best strategy for your situation.Evaluate your financial situation, including your income, expenses, and risk tolerance, to determine if either strategy aligns with your goals and financial capacity.Consider the tax implications of each option, as this can impact your overall profitability.Create a detailed financial plan for each option, including projected income, expenses, and potential risks, to help you make an informed decision.Ultimately, the best strategy for you will depend on your unique situation and goals.