Aaron Bard
Taking a look at different financing options...
17 April 2024 | 17 replies
Hey Aaron,If the goal is to use the HELOC as a down payment for a DSCR loan, you will also need to factor the Prepayment penalty when you decide to cash out on the new appraised value after all renovations are completed.
Joseph Turner
HELOC Exit Strategy?
18 April 2024 | 16 replies
@Joseph Turner, if you're looking to buy in CA areas with high levels of appreciation, I've had clients take out a HELOC or 2nd mortgage and pay back the HELOC or 2nd with a cash out refinance once values appreciate.
Beth Anderson
Is it smart to buy a house hack that we couldn't afford without the rental income?
18 April 2024 | 18 replies
You should also consider whether the property has the potential for value appreciation or renovations that could boost your rental earnings.
Angie Castro
Staying Creative when investing in Real Estate
17 April 2024 | 2 replies
We are estimating we could build at least six houses for a total project value of $6.6 million.
Ethan Robert Millay
21 year old looking for advice on first Airbnb
14 April 2024 | 19 replies
Who is the primary clientele?
Jeremy Anan
Seeking Advice on Structuring Seller Financing
17 April 2024 | 8 replies
Once we determine the rental value, we aim for a monthly payment to the seller at approximately 50% of the market rate.
Maureese Jones
Multifamily Loan (Bridge to Bridge)
17 April 2024 | 4 replies
It’s very common in today’s environment that not only are deals too tight for an Agency exit today, but the value add business plan was delayed for any reason whether it was a change in management, slower lease up than anticipated, and now the property is trending positively each month towards Proforma numbers, but needs a bit more life, there are ways to get it done!
Grant Gibson
Popular and well respected multi-family syndication groups?
17 April 2024 | 22 replies
I won't go with the riskiest opportunistic strategies, and will stick to core and core plus mostly with some value-added.
Fernando Gigiiotti
Bank Statement HELOC for non U.S. citizen
17 April 2024 | 5 replies
There is a mortgage of 280k on the property in question with a current market value 500k.
Kory Santaella
Rental Title to LLC?
17 April 2024 | 9 replies
Keep in mind you will also likey be paying transfer taxes on assessed value of the property in order to complete the transfer even if transferred for a $1 or a "nominal amount".