Dirk Fisher
RE (Investor) Agents - Which brokerage do I choose?
9 March 2018 | 6 replies
Having things like premium access to docusign or automated form generation services is a force multiplier when shooting offers out.
Nanette Miller
Loan on current property - LTV over 80%
16 March 2018 | 7 replies
Thanks.Nanette Miller Hi Nanette,if its showing up on your tax returns as a second home (on Schedule A instead of Schedule E) then there are ways to get equity out of the property above 80%.I have access to a HELOC to 85% up to 350k max loan amount for second home properties.However, if this property pops up on your Schedule E, myself and many other lenders will consider this property a rental property and it will be in unicorn status to find any debt capital above 80% LTV just FYI.Best Regards,
Derek Moore
How can I subdivide a 2+ acre property in Buena Vista, GA?
12 March 2018 | 2 replies
Your contribution is the land and he pays for all the improvement.
Dave Smith
Understanding the numbers of the deal - when using HELOC
6 March 2018 | 15 replies
I have equity in a rental property that I want to access but I am not sure what my strategy is.This is just a bump.
Ty Gordon
Approaching banks in early stages
4 March 2018 | 3 replies
You can now use the loan to fix it and sell, or you can repair it with your cash to improve your equity and ask the banker to extend your credit line.
Brendan Hallissey
Using 1031 exchange and 121 exclusion to minimize tax
4 March 2018 | 3 replies
And when you then later sell it is once again that basis plus any improvements that constitute your adjusted cost basis for sale.
Justin Thiesse
Looking at purchasing 160 Storage Units.
17 April 2019 | 21 replies
Mine are too small to have on-site management, however I DO have gated access control which allows me to control traffic into the properties.
Andrew Taylor
How Can I Structure This Deal?
4 March 2018 | 0 replies
We bought a nearby property and moved out.We're now trying to sell the property, but with close to $100k in non-house improvements (well, electric service, house pad, barn/workshop, fencing, etc.) it's a tough deal for a traditional lender to process.
Michael Ehmann
"It's 2018. Whatcha Gonna Do About It?" - February Recap
21 September 2018 | 12 replies
Get connected with at least 1 more wholesaler and 3 more contractors to improve deal flow and increase likelihood of being able to move on an opportunity.
Freddy Hernandez
Help: HELOC + private loan to finance next property purchase?
6 March 2018 | 5 replies
They do NOT have to play you for any improvements you did.