William D.
Taking out a HELOC based off the ARV.
14 February 2024 | 1 reply
Local Banks and Credit UnionsSometimes, local financial institutions offer innovative lending products tailored to the needs of their community, including renovation-focused HELOCs.2.
Conte Cuttino
Rental w/Pool Cover, Fill Or Fix?
14 February 2024 | 8 replies
Should I leave as is and cover it with a mesh cover for $2800 (really considering this), put a new liner in for 8k (not including new mechanics), or just fill it (don't know the cost on filling at this time)?
Hunter Purnell
South beach real estate (Miami, Ft. Lauderdale, Palm Beach) market?
14 February 2024 | 10 replies
Definitely a contributing factor as to why inventory is significantly higher.
Theiborh Almanzar
FHA Purchase with Siblings for a Multifamily Property - Seeking Advice
14 February 2024 | 8 replies
Hey @Theiborh Almanzar - now is a good time to actually speak with a lender about this and make sure you include your other 2 siblings into the conversation as well.
Sri S.
Are Home Equity loans tax deductible if used to buy another investment property
14 February 2024 | 1 reply
It’s important to ensure that the borrowed funds are directly used for the acquisition or improvement of the rental property to qualify.Other Considerations:Equity Use: Ensure that the use of equity from Property A for Property B aligns with your long-term investment strategy and does not over-leverage your investments.Loan Terms: Consider the terms of any loan or line of credit carefully, including interest rates, repayment terms, and any potential impact on your cash flow.Conclusion:Leveraging equity from one investment property to purchase another can be a powerful way to expand your real estate portfolio.
Jack P.
Using home equity loan plus 401K loan for new primary in HCOL area versus renting
14 February 2024 | 1 reply
We are going to convert our current primary into a rental, and it will likely cash-flow well enough (including capex, maintenance, vacancy etc.) to also cover the loan repayment on a $60K home equity loan amortized over 25 years.
Hannah Vohs
The Best Long-Term Real Estate Strategies Made Brief & Simple
14 February 2024 | 1 reply
The strategies we cover include buy and hold, house hacking, fix and flip, REITs, short-term rentals, and real estate crowdfunding.
Eric Rice
Too many options, scared to make a wrong decision
14 February 2024 | 35 replies
The amenities are fantastic (shopping, restaurants, activities, etc.)Cons: We are trying to get away from crime and other "factors" about LA that we dislike, and in many ways this city feels like a mini-Los Angeles (homelessness, crime, etc.).2.
Douglas Krofcheck
Custom Email Address For Each Unit?
14 February 2024 | 7 replies
Some benefits are you don't have to worry about the tenants not including their location if they email you from a different address and changing PMs won't require changing your contact info.
Kevin S.
Which one appreciates more/faster? Duplex or SFR?
13 February 2024 | 1 reply
If they can be compared what factors do I take into consideration?