Andrew Katz
What is the Process for getting a HELOC on an Investment Property
19 August 2024 | 4 replies
First step is to find a lender you would like to work with and just ask them!
Carlos Scarpero
Selling personal home on land contract.....good idea?
18 August 2024 | 6 replies
Too much risk.I like the idea of doing a land contract instead of a traditional sale but have never done one.What benefits would the land contract give us over just doing a regular sale?
Marquez Davis
Hard money loan (land)
17 August 2024 | 13 replies
this is a toughie. hard money specifically is equity-driven, meaning they'll likely want 40%+ down to even entertain the deal. additionally, land without improvements is often very inexpensive (relative to land with improvements), usually pushing below a threshold which makes sense for a hard money lender. if you're not intending to build right away, then i think you'll have the best luck with private money instead of hard money. usually higher leverages than hard money, and more negotiable terms.if you are intending to build on it pretty right away, a ground-up construction loan could work, but those will typically require some ground-up construction experience (on title on other ground-up deals), or an extensive portfolio of heavy rehabs/ rentals/ strong liquidity. those will give you acquisition monies (to buy the land) and build monies (to build the improvements).
Elda Asheley
What is the best way to invest in 2024 for a newbie?
17 August 2024 | 10 replies
I would like to know what is the best way to invest right now for a newbie in 2024?
Jeremy Cardenales
East Stroudsburg Investing ?
18 August 2024 | 4 replies
Did you find anything you like?
Carl Rowles
Our first SFH! Section 8?
19 August 2024 | 6 replies
I would still screen the tenants just like any other one.
Tim Lewis
Cleveland Property Managers
18 August 2024 | 29 replies
That's a rough area Tim......You're going to be dealing with an uphill battle getting quality folks to take on a property like that one.
Anthony Swain
Things I've learned as a house hacker so far...
17 August 2024 | 19 replies
I've used Avail (previous) and Baselane (current)and like features of both, but haven't tried any of the others.
James Nix
Tenant Bathroom Ceiling Caved in Last Night
17 August 2024 | 4 replies
Quote from @James Nix: It's obviously a leak and the most likely culprit is the toilet.
Michael Bereslavsky
Anyone investing in Panama?
17 August 2024 | 39 replies
It looks like land value has gone down over the last few years in some towns - what would explain this?