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31 March 2016 | 4 replies
What sense does it make to only put 2 or 5 properties in each LLC if some have tens of thousands of dollars in equity and others have hundreds of thousands.
19 April 2016 | 16 replies
Must pay back in equal payments or all at once (typically).
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9 April 2016 | 31 replies
Yes you are getting $700 a month cash-flow, which is awesome, but you also have $110,000 in equity that is making you no money at all.
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23 March 2016 | 24 replies
. $100,000 in equity at a return rate of 3.375% is $281 per month.
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24 March 2016 | 6 replies
My truck was paid off so I pulled 4k out in equity and paid it back in a 6 month loan.
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30 May 2016 | 7 replies
Everyone gets their $1000 back but also $2000 more in equity for the next project.
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29 March 2016 | 37 replies
I work in syndicated real estate and have placed many clients into Delaware Statutory Trusts in that market in 2015, but I also removed one property from our approved list of DSTs at the time and pulled $2M in equity into other investments after I visited it (which virtually no one in my industry does).
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17 May 2016 | 3 replies
Meaning if you only have access to $20,000 in equity, I wouldn't spend the $1500-2000 on a re-fi to access it, instead I would do the line of credit at considerably cheaper.
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3 May 2016 | 1 reply
My property has increased in market value since my purchase, so I'd like to take the equity out of the house to reinvest in my next property, but I want to make sure it makes sense...given that I'd be paying the same interest rate, or maybe even a little bit higher interest rate.Original Purchase value: $225,000 Original investment: $30,000Current Market Value: Around $260-265kCurrent Mortgage: $184,000, 3.875%, 26-years remaining, P&I = $928Current Cash Flow on rental: $500/monthMy question is, should I refinance to roll 20-25k in equity out?
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19 April 2016 | 5 replies
I'd say make sure you're going to be able to make your 5% back (5% because that's the difference between HM and a traditional loan) either in equity or within the first year of holding the property.