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17 January 2025 | 1 reply
Quote from @Micheal Singleton: Hey stl folks, I'm a new investor .
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16 January 2025 | 2 replies
You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.
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14 January 2025 | 7 replies
Its a personal nightmare and tragic event.
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12 January 2025 | 11 replies
A written job offer detailing pay.
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14 January 2025 | 5 replies
There are a lot of websites that offer the course online, or if you have a college near you, they also typically offer a class that satisfies the pre-licensing requirement.
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17 January 2025 | 4 replies
Yes, I have done that several times, both as a buyer and as a seller.
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13 January 2025 | 5 replies
This leaves a $172K gap.
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17 January 2025 | 23 replies
There's usually a good reason why a company is cheaper or more expensive.
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17 January 2025 | 3 replies
The work around was a Mexican bank was the owner and lease it to the foreigner.