Justin Wotring
HELOC on primary residence for investment of rental?
12 December 2018 | 26 replies
This will give you the most flexibility, assuming you can let it sit there with no balance on it for as long as you want.Also, it seemed to me that some institutions were not keen on the idea of using a HELOC for investment purchases, so, just be aware of that.
Terry Beall
Lee Arnold products
4 June 2023 | 33 replies
the owner of the company says you don't.. but others have sent me PM's that say that's not true.. so who knows.the issue is with any 100% financing to a new investor finding the deal that works is the hard part.. many just will never get a deal that has enough equity spread as competition for the deals is keen by those who actually have money or funding in place.. that's the major issue.. finding the deals that work and have the necessary spread..
Michael Engstrom
New Real estate Investor in Vegas
12 May 2018 | 3 replies
Now I've found real estate investing to be a vast, ever-changing, and profitable business, and I am keenly interested in learning and succeeding in this business!
Ani Sanyal
What are my financing options here?
9 August 2015 | 2 replies
The best option I was able to get was 40% down, at 5.125% with 3 points upfront on a 7/1 ARM, which I'm really not keen on pursuing.
Mario Mach
House Hacking in Seattle/Bellevue Area
22 May 2020 | 25 replies
My wife and I are looking to expand our family and are not so keen on sharing a living space, so were thinking 2- to 4 -plex, and I'd love to minimize my commute into DT Seattle so that I can spend more time w/ my family.
Grant Hamlin
Should I finish my college degree?
31 July 2019 | 74 replies
I have a keen interest in all those subjects.
Karen Margrave
People are fleeing California, are you?
26 January 2019 | 311 replies
It too requires hundreds of thousands of dollars to restore it to a liveable standard.There are also a range of other homes currently advertised at considerable discounts.A four-bedroom duplex on West St in northern beaches suburb Balgowlah is currently listed for $325,000 below its original price of $1.9 million.In Belfield in the Canterbury area, a home at Statham St is being offered at a $275,000 discount on the initial listed price of $1.45 million.A unit inside this building at 301/1-9 Meagher St, Chippendale, was first listed at $520,000 to $550,000 but sold for $429,000.Source:SuppliedA two-bedroom unit on Liverpool St in Darlinghurst is advertised at $100,000 below the original listed price of $1.5 million.Realestate.com.au chief economist Nerida Conisbee said it was inevitable that sellers would reach a point where they could no longer command prices $100,000 or $200,000 above what comparable properties sold for months ago and still find a keen buyer.
Lais Keese
Rental in Indiana and Indianapolis?
6 February 2020 | 19 replies
You can have your pick of neighborhoods to still receive profitable rental rates until the surrounding streets/property appreciate to your satisfaction and you'd like to sell.For the last couple years, Indianapolis has been experiencing an influx of young professionals, which as mentioned above, contributes to a solidly rising economy for the state over-all and further stabilizes the rental market; in my opinion you can't go wrong with a buy & hold right now, especially if you're keen about running the numbers and comparing your comps for long-term profitability.Also, do not underestimate the amount of information you can pull from other social medias - there are groups on Facebook and tags on Instagram that you can follow that will have opinions from locals and other investors who are rental property owners that may allow you to grow your knowledge of success rates and rental rate climates.Best of luck to you as you make your decision!!
Jonathan Taylor
Send me your financing questions
15 October 2020 | 179 replies
Our market here is pretty good and I would say I’m keen on which areas work in addition to what the trends are here.
Nick Troutman
Investing now vs wait and see the ripple effect of CORONAVIRUS
21 June 2020 | 147 replies
I'm looking for good deals in midwestern and southern markets right now to add to my portfolio.One last bit- lenders are not at all keen on financing rental property purchases right now.