Mary Jay
How to get HELOC/ or other type of loan on a rental?
21 January 2025 | 6 replies
Quote from @Mary Jay: Quote from @Jay Hurst: Quote from @Mary Jay: hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get some cash out of it via Heloc or another vehicle, so I could buy another rental, but its not my primary, so I cant get a HELOC on it from lots of banks....I think PenFed does helocs on rentals, but because I have more than 5 rentals, I dont qualify for their HELOC loan.IS there a bank that would give a HELOC/cash on a rental?
Robert Adams
2 Bed Condo > Converted to 3 Bed and Remodeled = Sold for Record Price for a Profit!
1 February 2025 | 0 replies
Purchase price: $275,000 Cash invested: $294,000 Sale price: $355,000 Seller was behind on pay HOA payments and in risk for losing the property.
Kyle Schachsieck
Thinking of refinancing
31 December 2024 | 10 replies
Thanks in advance and happy holidays again!
Samuel Coronado
Sell or rent
2 February 2025 | 3 replies
That one month of lost income will take seven months of cash flow to recover.
Michael James Hamlin
Looking to network/partner up.
27 January 2025 | 6 replies
We have excellent credit and cash capital.
Scott Vaeth
6% Tax Rate - South Carolina Rental Properties
31 January 2025 | 7 replies
I currently live in it as my primary residence but had plans to eventually rent it out and then cash out refi once I reach 20% equity in the property.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
I already have land holdings near Everett that will certify out at 304 salable density bonus credits.To play this game, I get certified and then "clip off" the transferable development rights for sale to urban developers in the county, who can cash them in for an increase in dwelling unit density from an original 22 units/acre to 58 units, and building heights from 45' to 75'.
Carson Hyland
New Investor -- Tips Needed!!!
1 February 2025 | 1 reply
Quote from @Carson Hyland: Even if you buy the right property, failing to manage it well will kill your cash flow.
Heidi Cousineau
Duplex Conventional Investment - 15% Down?
27 January 2025 | 2 replies
Hello -Looking to buy a duplex in Albany, NY as an investment property but have little cash.
Kaleb Johnson
Best Area For Starting Out
30 January 2025 | 40 replies
As echoed by many, the Midwest, specifically Milwaukee continues to be a strong market for cash flow.