Irina Badal
Home equity loan vs cash for down payment
24 September 2024 | 4 replies
If it didn’t take a long time to generate that cash(1 year or less), I would consider doing syndication and wait and see how it went, while continuing to educate myself on local market conditions for an investment property.
Todd M.
New Home Equity Loan after Quit Claim to LLC
25 September 2024 | 3 replies
I'd like to access this equity through a Home Equity Loan (HEL) and use it to make downpayment on another investment property purchase (12 unit bldg).I bought this 4-plex in my personal name with a conventional mortgage .
Ahmed Hafez
Closing Wholesale deals
25 September 2024 | 0 replies
I have some experience buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?
Melissa Haworth
What features have you found boost your rental appeal, especially in off-peak months?
24 September 2024 | 9 replies
I’ve been looking at data on rental properties in Destin and Panama City Beach, and certain amenities seem to drive higher booking rates.
Michael Lynch
Sell it or rent it?
24 September 2024 | 2 replies
It is way toomuch hands on and working with Airbnb and VRBO was terrible due tothe huge language barrier.
Tyler Kesling
Best Resource Here on MF Investing?
11 September 2024 | 4 replies
Good morning,There seems to be a lot of good information on this site but does anyone have recommendations for the best resources here on the basics of multifamily investing here on BiggerPockets that I can learn from.
Melissa Wongkamalasai
6 month STR season
24 September 2024 | 13 replies
In the right spot, on the lake etc. to make a go of it.
Kevin Smith
Experience with RCFE Management
14 September 2024 | 1 reply
The business and real estate value are packaged in the deal, and the crux is that the current owner is the operator who has mismanaged, and is looking to retire.
Jasmin Elalfy
Complete Flip Overhaul in Tuckerton NJ
12 September 2024 | 0 replies
used Hard moneyHow did you add value to the deal?
Ali Farhat
Can someone guide me how to obtain license to convert basement into apartment?
11 September 2024 | 8 replies
Making the basement a legal unit is costly but can be done as an ADU depending on your exact location (ADU zone maps are on City of Chicago site).