Bivor Hada
Is a HELOC a good Idea?
11 April 2020 | 2 replies
If you can get one...yes,...as long as the payments you would have to make, based on full withdrawal, don't put that property into negative (or even very low) cash flow
Susan Tan
Story Time: What to expect from a cash refi process
11 April 2020 | 5 replies
If I got a 10yr fixed rate loan, my cash flow would go negative every month and I'll have to pay out of pocket for property taxes, condo insurance, & HOA fees.
Jonathan New
COVID-19 affects on capital raising
13 April 2020 | 14 replies
The majority of investors are going to be cautious and some have been negatively affected.
Joseph Hostetler
Investing in low population area
11 April 2020 | 10 replies
. :) I know Beach has some Multifamily too for sale that were reasonably priced that would be a better bet, but investing in a super small spot might mean no or negative appreciation and little revenue.
A. Maldonado
Dave Ramsey’s Financial Peace University
12 April 2020 | 30 replies
I only use debt on rental properties, if it doesn’t make money then I don’t finance it.
Nas Zidane
Floor plan dilemma with my flip
9 May 2020 | 36 replies
Hello everybody,I'm working on a 2 bedroom 1 bath 1945 built Texas house , when I bought it I had the intention of changing the layout since it’s in my opinion has a very big design issue with a lot of wasted living space due to the bathroom being between the living room and kitchen, leaving a very small living room, what I currently want to do is convert the interior to open floor design and convert what is labeled as FAMILY in the picture below to a 3rd bedroom and a bath, I'm trying to find the best design with least amount of construction since my budget is not very high, also I'm trying to stay within the standards to be able to sell the house with no issues, I started working with a Draftsman which he provided few suggested layouts but each one of them has it’s negatives which is why I’m asking for your great advice on which layout to go with and what to change before starting the actual work, below are the existing and suggested layouts, please share your opinions and ideas.The house is supposed to be 1100 SQ-FT not including the Family room I added the survey too for more clarityBelow are the suggested layouts and I'm sharing my opinion on each one of them This one looks goo except the things I'm not sure about is it's okay not to have an entry way ?
Andri Grullon
What would you do if you had an open Heloc
15 April 2020 | 10 replies
I have 3 HELOCs and am applying for a 4th, but I only plan on drawing funds when I’m ready to close.
Tanya Judd
Getting equity from a new property
13 April 2020 | 1 reply
I only owe $20,000 and It was just appraised for $165,000.
Robert Rebimbas
How to close a deal during the pandemic?
14 April 2020 | 2 replies
I only have $95,000 on a $410,000 contract.
Jack Amaral
1 Deal Per Day Feedback.
18 April 2020 | 9 replies
Looking at this chart from my excel sheet it looks to be a bad investment, Even bringing the purchase price down by over 100K still brings me negative cashflow over the first 2 years due to the rehab budget.