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Results (10,000+)
Jason Mergl What to do with my Equity?
27 June 2024 | 14 replies
Below are the details of each property, including purchase price, current estimate, and equity, along with their respective cash flows:Home 1 - Condo, (2 BR, 2 Bth)  Fayetteville,NC-  Purchase price $50,000 - Current Estimate $75,000, loan amount 0 = Equity $75,000Cash flow - Rent - $825, PM Fees $75, HOA Fee $100, HOA Assessment $163, Taxes $50, Ins $25, Loan Pmt $0 = Cash Flow $412Home 2 - Condo (3 Br, 2 Bth) Fayetteville,NC- Purchase price $89,000 - Current Estimate $155,000, loan amount 0 = Equity $155,000Cash flow - Rent - $1250, PM Fees $112.5, HOA Fee $231, Taxes $90, Ins $30, Loan Pmt $0 = Cash Flow $786Home 3 - SFH (3 br, 2 Bth) Little Rock, Ar - Purchase price $189,000 - Current Estimate $300,000, loan amount $85,000 = Equity $215,000Cash flow - Rent - $1500, PM Fees $150, Taxes $269, Ins $156, Loan Pmt $766 = Cash Flow $159Home 4 - SFH (3br, 2 Bth) Abilene,TX - Purchase price $225,000 - Current Estimate $315,000, loan amount $51,600 = Equity $265,000Cash flow - Rent - $1850, PM Fees $185, Taxes $583, Ins $145, Loan Pmt $1400 (0 Interest) = Cash Flow -$463Total Equity = $710,000Total Cash Flow = $894Sell, Sell with 1031 exchange, Cashout Refinance, HELOC'S...Too many options, i don't know what to do.  
Bob Asad Would You Still Buy SFH If It Lost You Money MoM?
27 June 2024 | 26 replies
Depends on your financial reserves, risk tolerance, and long-term investment strategy.
Ben V. BRRRR Purchase! What a success!
28 June 2024 | 4 replies
Conventional primary loan
Stephen Burch New to Investing here
27 June 2024 | 6 replies
I have my full VA loan to utilize to initiate my investment goal pursuit. 
Ashwin kumar Kovur OKC rental areas
25 June 2024 | 4 replies
Research local rental market trends for 3-bedroom, 2-bathroom homes to determine competitive rental rates and ensure they align with your financial goals.Consulting with local real estate professionals can provide valuable insights into market trends and potential challenges.
Jay Martin Need Advice on Securing Rehab Loan for Seller-Financed Flip
25 June 2024 | 1 reply
What's up Jay,Given your situation, here are a few strategies you could consider to secure the rehab budget while respecting the seller's desire to maintain a first-position lien:Home Equity Loan or HELOC:If you own your primary residence or another property, consider tapping into its equity through a Home Equity Loan or Home Equity Line of Credit (HELOC).
Julie Muse Quick Flip Success: Profits in Paola with Jamie Munden!
27 June 2024 | 0 replies
Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Jamie Munden.
Julie Muse S Vernon Rd Flip: Big Gains in Durand with Heather!
27 June 2024 | 0 replies
Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Heather.
AJ Wong How they work & ways to close with a portable loan
25 June 2024 | 2 replies
An assumable mortgage is effectively a 'portable' loan.
Julie Muse S Vernon Rd Flip: Big Gains in Durand with Heather!
27 June 2024 | 0 replies
Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Heather.