Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Now we are only saving $33,762.99 in interest (43.5%) and we have combined monthly payments of $632.41 + $304.16 = $936.57 Note: I must presuming there is some assumption about the characteristics of the LoC or how/when/if it gets repaid which I missed earlier in the thread ... otherwise ....
Anna Davis
Interested in house flipping… using HELOC .
3 December 2024 | 5 replies
The combined transactional costs alone between the purchase and sale are going to be north of 10% of the transaction value.
Elizabeth Rose
Underwriting a PadSplit deal - assumptions and operating expenses
4 December 2024 | 9 replies
.$8kish / year or so on routine and reactive maintenance combined which should include your cleanings, lawn care, maintenance calls ect. 12% per month of gross rents should be a good estimate if you want to look at it like that!
Hannah Joy
When to refinance?
5 December 2024 | 7 replies
Refi: The piggyback HELOC is a good tool for quick access to capital, but since it's been delayed and you're already tired, it might be worth waiting for a combined refi and HELOC.
J.C. Martel
Advice on investment strategies to scale
3 December 2024 | 7 replies
Also in your strategy lay out the combination of cash flow and or appreciation.
Celine Li
"Which out-of-state cities are good for investing now?"
16 December 2024 | 23 replies
To me this is a combination of things.
Rene Hosman
How do you approach saving for your next real estate investment?
5 December 2024 | 5 replies
I used a combination of leveraging my business line of credit, HELOC and partnerships for my first couple deals before adding in private lenders.
Quentin Lee
First Deal Advice
5 December 2024 | 5 replies
I have some ideas about how to make this possible (partnership, private loans, refi/heloc, or combination)...But what would you do in my situation, if you were starting your portfolio from the beginning in 2024?
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
A laundromat is certainly much easier to sell than a bakery or a real estate brokerage...The real magic happens when you combine both (biz and REI), one to generate cash, the other to invest, grow and tax shelter.
James Wise
Failed Leadership is why California is on fire.
19 January 2025 | 138 replies
The winds were so strong and fire so hot there were cars turned upside down in driveways, and then melted.The bottom line is that 100 mph winds combined with dry grass and just about any ignition source is unstoppable once it gets going.