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5 February 2025 | 8 replies
I don’t care if you steal a property, high quality tenants will never sacrifice on being safe and feeling safe.
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19 January 2025 | 2 replies
I bought vacant land, built a spec home and sold it to an end user. I know that interest on the acquisition loan can be included in the cost basis since it’s inventory. But what about the interest on a cash out refina...
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8 February 2025 | 8 replies
I would look FAR AND WIDE for someone to do an investment property HELOC -OR- go to a bunch of banks and CUs (including who you bank with now) to find someone to provide an unsecured (or secured if you have other collateral) LOC to get rid of the high int debt.
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8 February 2025 | 9 replies
Also, when you say "or no checks" do you mean there's a risk of not getting returns?
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16 February 2025 | 18 replies
Fast returns, but if the first lender forecloses, you could get wiped out.
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6 February 2025 | 13 replies
If over that amount, she must file a gift tax return, though no tax is owed unless her lifetime exemption is exceeded.
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11 February 2025 | 3 replies
However, the success of your project will depend on factors like location, renovation costs, and market timing.Many investors have found great success by focusing on high-demand neighborhoods with strong buyer interest.
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4 February 2025 | 0 replies
Was sold above the asking price within days of listing.High ROI: Achieved a 50% return on investment due to low renovation costs and increased sale price.Investor PerspectiveRecognized the potential others overlooked by seeing beyond the property's initial appearance andm aximized profits by investing wisely in visible, impactful areas.
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5 February 2025 | 0 replies
Once completed, the property was resold to new homeowners, providing a solid return on investment.
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5 February 2025 | 4 replies
Quote from @Dylan Webb: Hello, here's my situation:My wife and I own several properties separately.2 of the single family homes combined we have conservatively $150,000 in equity ($90,000, $60,000) I want to use one of these as collateral for a small loan of $30,000 to put down on a high cash flowing property OR have a lender finance the whole venture at a purchase price of $160,000.