Account Closed
How are you progressing on your goals?
17 June 2010 | 32 replies
We have about $40k in cash that we could borrow against (I don't want to spend it) and I have about $140k in equity in our rental condo.
David Jennings
Is profit possible?
17 January 2011 | 7 replies
As others have said, the profit potential is going to be relative to the investment value of the asset (and to a smaller degree the amount of your investment).For example, for a stable investment, if you're able to reasonably generate a 10% cash-on-cash return on a particular apartment investment (not unreasonable), a $500K investment on your part should return about $50K per year.If you're good at taking a mismanaged apartment building and turning it around, it's quite possible that you can generate much more than this in equity and much more in cash flow as well.There are lots of ways to make money in real estate, generally the higher the risk, the higher the personal investment and the more skilled you are at your strategy, the more profit there is to be made.
Alex Legore
How to get into medium to large apartments complexs?
22 October 2011 | 14 replies
You now have 30k * 10 = 300k in equity.
Amy Solomon
I'm trying to get money in these 3 ways. Can you direct me to the right info?
5 September 2013 | 3 replies
I have about $100,000 in equity and I am not eligible for a conventional heloc at this time.
Deborah Saddler
Has anyone dealt with sellers that seem motivated at first, but then change?
27 June 2013 | 18 replies
She has $150K in equity but doesn't know the first thing about real estate transactions.
Luke M.
Has anyone been able to get a HELOC on a rental property?
3 October 2018 | 52 replies
It's rented well and has about 60% in equity.
Gary Hurst
Blanket Loan or Other Scenario
21 May 2014 | 9 replies
Howdy Ya'll, We have 10 single family with 5 paid off and approx 550K in equity within all 10.I'd like to pull out the equity to purchase more properties.
Scott L.
Experience investing in building of townhouse condos?
6 February 2014 | 0 replies
.- It seems like these are more risky as a project, because built-in equity disappears when the old house is demolished, and new equity depends on the builder delivering on time and budget.
Curtis Lewis
Does Appreciation Add to Equity in a Refinance?
21 October 2019 | 7 replies
A year later that same home is now worth 150k and I have since put 10k into the principle on the loan.Would I now have 80k in equity?