Chido Nme
Starting out, needing tips before I make plunge into marketplace
4 September 2017 | 1 reply
Good afternoon, professionals!My studies at my university are becoming less and less intense, meaning that I am able to dedicate more time to studying up on real estate practices and the habits of top agents. I have s...
Kelly A.
Boise triplex--yay or nay?
6 September 2017 | 8 replies
New roof, which remediate the mold issue, $8,500.Countered seller with: fixing foundation issues, splitting roof cost, evicting hoarder.Seller in turn countered with $8,000 credit, to use as we see fit.Rents are below market and there's room to raise them even before rehabbing the units.Tear me apart.
Herman Chen
Trigger happy beginner
20 September 2017 | 32 replies
Assuming you sell for $300k, of which $100k goes to pay off your debt, you could use the remaining $200k in equity for down payments of approx $25k each (25% down can get you better interest rates), giving you 8 cash flow properties which would be paid for by tenants by the time you really need the income (retirement) and provide moderate rental income in the meantime.You'd have to be able and willing to take on that much debt, of course, (so your debt-to-income ratio, annual income, credit score, etc will all impact this).
Nicholas Caldwell
Reorganizing/Renovating existing dump I mean Park.
5 September 2017 | 4 replies
I read that tip somewhere.
Ken Dayal
HELOC on Jersey City NJ Rental
4 September 2017 | 0 replies
Any lenders or referrals to obtain a line of credit on Jersey City NJ rental property--2 family house.
Delmas Edwards
Refinancing houses under 50k
5 September 2017 | 3 replies
I'd talk to some credit unions around you locally.
Patrick Martone
Credit unions in NJ offering HELOC (home equity line of credit)?
4 September 2017 | 0 replies
hello,I want get a Line of credit on my home, and I prefer to work with a credit union.
Justice Adderley
Newbie Questions from florida
5 September 2017 | 3 replies
I have roughly a little more than $3000 in savings, and looking to snowball some secure loans / cards to boost my credit.
Account Closed
Getting a primary residence mortgage at an investor-friendly bank
5 September 2017 | 2 replies
I was listening to an old BP podcast recently and heard what I thought was an interesting tip: get your personal mortgage at a local portfolio lender as a way to establish a relationship that can be leveraged for future investment lending.
Account Closed
Commercial and residential package
25 October 2017 | 3 replies
For example, you might sell one property for a little more, another for a little less, and maybe end up buying or not buying another.There’s so many more tips and hints to this kind of thing.