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25 January 2020 | 1 reply
l need to come up with the down payment on a investment property. The options I am considering are: Refinance my house and pull out all the equity or draw the HELOC I have on it.The down payment would be about 20% o...
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5 February 2020 | 46 replies
The worst thing is a lawyer group nearby (Eviction Defense Center) that will give "free" help to tenants by filing all the necessary paperwork to obtain delays and find errors in the landlord's case.
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26 January 2020 | 9 replies
Check your local L/T laws, but it sounds like you have fulfilled your obligation.
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26 January 2020 | 27 replies
And if you can obtain non-recourse debt, it will only protect you from the lender.
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25 January 2020 | 0 replies
There are a few posts in the past where members have obtained low rates (LIBOR + spread) on their paper assets (stocks + bonds).This can be very attractive since the interest rates come to ~2.5%.
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1 March 2020 | 24 replies
Thanks, Greg T
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28 January 2020 | 7 replies
Maybe you could short-term rent one of them on Airbnb, like @Aaron T. suggested, but you can only STR one of them with the new Airbnb rules passed by COS city council.
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27 January 2020 | 2 replies
Here it is...the year is 2007We are produce farmers FIL sells farm-we have basically zeroHusband under-educated /only job he ever had (46 yo)I took our lives into my own handsTraveled upstate (NY) Bought a house for cash WITHOUT TELLING HIM (425K)Ummmm-where the F am I getting that moneyWent to local mall with my 3 girls-called him from my flip phone to break the news- he fell silent BTWDrove back home (near NYC)Sold my house for 500k to a mansion owner close by (look up GLENMERE MANSION)Got my RE licenseFound my husband a job-he obvi couldn’t use a computer We are still in that houseWe’ve only lived in 2 houses I now buy houses regularly WITHOUT TELLING MY HUSBAND Because that sh*t is funny.
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25 January 2020 | 0 replies
Most of the money saved up from equity from a sale of my previous house and the rest I obtained from a family private loan to bridge the remaining $13,000 gap.
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2 June 2021 | 11 replies
I've just created my LLC and have about 90% of the team I need to obtain my first flip.