Investment Info:

Single-family residence buy & hold investment.

Purchase price: $200,000

Cash invested: $30,000

Single Family Residence holding on to.

My question is, for a fix and flips, I'm considering financing the whole thing with a HELOC instead of hard money.

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Bronx.

Purchase price: $640,000

Cash invested: $220,000

Purchase price $640,000
Got it at this price because there is a no...

Going to property tours inspired me to obtain my real estate license in the state of Georgia; and look further into property investing and helping others achieve their real estate goals.

How did you finance this deal?

Since part of your property is a rental, I believe a portion of your mortgage interest should be a tax deduction unlike your other debt.

Our ability to offer cash and close quickly gave us an edge, allowing us to secure the property under market value and position it for a seamless resale.

Data can be sorted by property type, lien position, LTV, and even the seller's proximity to the property. 

We now invest in the Detroit market place where we have established a great team on the ground and are finding properties with great numbers.