Devin James
Cash Flow vs Equity? What Stage of Life are you in?
19 December 2024 | 4 replies
Quote from @Taylor Dasch: I feel like theres more opportunity in equity growth, but I personally am in the Median income area - I like to see a little cash flow and have good tenants.
AJ Wong
Ten Real Estate and Economic impacts of the LA Wildfires
14 January 2025 | 2 replies
With a historic proportion of assets invested in equities, markets beyond Real Estate could be influenced.
Stephanie Medina
How to leverage 401k accounts
27 December 2024 | 3 replies
With $135K in equity and options like flipping or investing out of state, you’ve got the foundation to make some big moves.A close friend of mine had a similar situation recently.
Jokari Trueheart
Meeting of the Minds, Lending Strategies Needed
18 December 2024 | 4 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
Gabriella Pellolio
1st Property - Built Equity, What’s Next Step?
3 January 2025 | 7 replies
You'll likely be making much more in equity than in cashflow.
Paul Whitehurst
Bank is declining my HELOC - HELP!
14 January 2025 | 8 replies
So lets say you own a home with $100k in equity but have zero income.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Qualified applicants that get priced out of rapidly improving neighborhoods will move into these areas but it seems like they aren’t biting.High quality, lower income applicants aren’t stupid and they won’t settle.If you think this area is a losing proposition, I would think about selling and not banking on hope.In regard to vacancy, I don’t consider any area that has average occupancy (economic and physical) below 95%You might pay more for a better area but time will treat you right and you’ll make a ton of money in equity over the long term.
Chris Kittle
Wyoming LLC Set-Up and Recommendations
30 December 2024 | 10 replies
Some have more than $1 million in equity while others have less.4.
Jacob Hrip
Best financing options for a first time investor?
9 January 2025 | 9 replies
Conservatively speaking, we probably own $70k in equity in the duplex and $50k in our own home.In the limited research I've done, a HELOC seems like an ideal form of financing a BRRRR property.
Joseph Pelensky
$100K+ in Equity, no down payment, how do i buy this deal?
13 December 2024 | 10 replies
I currently own a duplex in Philadelphia that is worth $285k conservatively. I owe roughly $75K.
I found an off-market, 6 unit deal that is owned by a customer of mine i'm interested in purchasing. She's asking $700K...