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8 January 2019 | 7 replies
Re-financing once equity builds and then using those funds to purchase however I’m not understanding the finances behind it.Here’s a hypothetical example (Actually based on a home purchase by one of my friends in the junction):Original purchase price: 450kNew value: 950kHELOC available: 280kEven if you took the HELOC out for the next property (ex. a 500k purchase) you’re now paying interest on the mortgage and HELOC simultaneously.
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6 January 2019 | 4 replies
There are other financing options available
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18 June 2019 | 8 replies
Medical has a low ratio of doctors available to patients so there is tons of demand.
7 January 2019 | 2 replies
Data is not readily available, unless you have a costar subscription which can be very costly or are in contact with commercial brokers.
6 January 2019 | 0 replies
I had an unreliable estimate of rehab costs due to not having a trusted contractor / inspector available to help and give confidence (I am the one who ballparked the rehab, I was thinking roughly 65-70k).
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6 January 2019 | 2 replies
Your city should have a list of licensed contractors available online.
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9 January 2019 | 14 replies
But right now i only have 10% available for down.
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8 January 2019 | 11 replies
I also have about $100k in cash available, but I'd prefer not to touch most of that right now.
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7 January 2019 | 2 replies
Lots of tricks available with the Land Trust.