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Thoughts on using cash or HELOC for down payment on investment property
7 January 2025 | 1 reply
Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).I'm trying to determine the best approach for the 25% downpayment, comparing using cash that is currently sitting in a high yield savings account to funds from a HELOC on one of my properties.
Keith Groshans
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15 January 2025 | 8 replies
With some more math, you’ll see that the extra amount in dollars is not that much compared to the total amount of interest paid.
Tannia Castro
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16 January 2025 | 9 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Yasmin Mughal
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22 January 2025 | 9 replies
Dundalk I would prefer compared to Essex as it's closer to the city.
Benjamin Ying
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5 February 2025 | 54 replies
Even comparing Provo to NC in terms of flight duration and cost even though both have direct flights would be a huge factor for me.
Dan N.
Can a Wyoming LLC own an investment property in ANY state?
9 January 2025 | 18 replies
I really like LLCs compared to corporations because of the free stepped up basis for passing property to my children.
Mary Jay
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3 February 2025 | 79 replies
And reap the rewards in descending rents and tenancy.
Stacey Olson
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9 January 2025 | 4 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Chris Magistrado
Do Real Estate Agents work Remote?
23 January 2025 | 9 replies
If you were comparing RE/MAX Broker A to RE/MAX Broker B, then I would say it probably doesn't matter.
Byron Umana
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20 January 2025 | 8 replies
Comparing these metrics before and after the addition helps identify if the amenity is driving more business.Increased Rates: Some amenities allow you to justify higher nightly rates.