Hamidou Keita
Seeking Advice on House Hacking Strategy: Buying Single-Family Home to Build Duplex i
5 January 2025 | 24 replies
Some lenders offer construction loans, or you might consider a home equity line of credit (HELOC) after acquiring the property if you build equity quickly.Long-Term Goals: Consider how this fits into your long-term investment strategy.
Selim Tezcan
Used as Primary Residence then Fixed and Flipped
19 December 2024 | 1 reply
Purchase price: $350,000 Cash invested: $50,000 Sale price: $550,000 I acquired this property in 2015 and used it as my primary residence for two years.
Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
The market is full of garbage numbers and there is no shortage of newbies willing to acquire them.
Guillaume Vidallet
Setting up LLC in my State or out of State
17 December 2024 | 11 replies
Owning properties through LLCs in their respective states avoids the need to register a foreign LLC, which adds costs and administrative requirements.If you plan to acquire properties across multiple states, you could create a parent LLC in Florida and have individual property-specific LLCs (child LLCs) in each state.
Brett Jurgens
Best way to use built up equity?
22 December 2024 | 23 replies
However, keeping the property and borrowing against the equity (via a cash-out refi or HELOC) allows you to maintain your tenant and rental income while leveraging the equity to expand.Key considerations:1031 Exchange: Great for avoiding capital gains taxes, but make sure the new property offers better returns or diversification to justify selling.Borrowing Against Equity: Keep the steady Denver appreciation and tenant while using the funds to acquire another property.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
I also notice that @Gregory Schwartz mentioned Huntsville in particular—I definitely think that it’s a strong market for long-term appreciation.As for your concerns about investing out of state, I think an investment strategy that is as close to passive as possible would be best.A do-it-yourself approach—where you acquire a property, place a tenant, interview a bunch of property managers, and handle maintenance yourself—is going to be pretty tough to do remotely.
Mike Hansen
IRRRLs and assuming VA loans
16 December 2024 | 2 replies
It recently dawned on me the idea of a non military affiliated individual assuming a VA loan, would this individual be able to then also gain the benefit of using an IRRRL since they have now acquired a VA loan through assumption?
Tom Pappas
How we built a distressed real estate investment fund
16 December 2024 | 1 reply
As large investors entered the market to acquire single family houses, our margins were squeezed and we ultimately could not maintain our target investor returns as the market totally changed.
Justin Jefferson
Can someone guide me through the first step of analysis
22 December 2024 | 8 replies
----------------------------------------------------------------------------------------------------If I had to start all over again, I'd look to acquire a 2-4 unit property with an FHA low-down payment mortgage.
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
What if the federal government (if they have to step in) say no, we are not going to allow you to rebuild and instead of using the funds to rebuild use the funds to acquire the land and preserve it?