I purchased a house for $25k that is valued around $60k. I had some extra appliances and paint etc to clean it up, and currently have it rented out. Am I able to do a line of credit for this property (it is paid off) ...
Hey BP,Here are the details on my current possible deal. I have been talking to a seller who needs to sell his house now. He currently has 4 mortgages (2 on the house I am dealing with). He owes 108k, 60k for HELOC...
I have a family member that received a house that is worth 375K, they are only offered 200K for the property. The issue is this, the house has 18k in taxes due and they don't wont the hassle of paying the taxes, they ...
Doing a cash-out refi on my primary residence. My plan was to use the proceeds to fund the downpayments on turnkey rentals. I stated this upfront when first talking with the lender. But now that we're almost to closin...
Hey everyone, I appreciate the power of Google but with so much conflicting info out there I was hoping I could leverage the knowledge of this wonderful community. Currently own 3 single family homes (In the UK) and t...
I bought 2 small commercial properties next to each other so the buildings actually connect to each other. I bought them for $750k, I put $200k down and invested about $200k in renovations. Its a seller finance deal a...
Hey there, I’m wanting to do a house hack and I’m wondering about the logistics, I live in Ogden Utah for reference. So I just started as a real estate agent at a brokerage near me and I really wanna do a house hack. ...
When it comes down to it for some people a LO is simply too much to comprehend and it deters them from wanting to do a contract. Plus it's not the "usual" Harry and Sally want to buy the house with a mortgage. How do ...
And borrow the rest from conventional bank? I was considering raising 20-25% from PML and getting the balance from a conventional bank. Is this one of those cases when I won't get approved due to lack of "skin in th...
Hey Guys! So I'm currently working on trying to purchasing rental property from my Grandmother. She's got a dulplex and 2 Single Family Residences ( 1 - 3/2 house and 1 - 2/1 mobile home set on it's own lot). She does...