Looking at this decent 20 unit apartment complex. Below are the current break down of income and expenses. PM fees are also included in Total expenses. Sales price is $700k. Loan would be 25% down at 4.5% fixed fo...
If I sell a property and I still have mortgage left to pay that I took while purchasing the property is it better to pay off that mortgage once at all from the profit i'hv earned after selling or is it better keep pay...
I am selling 4 small properties and buying a single multi family and using 1031 exchange. The total funds from sale of relinquished properties combined is approximately $400k and purchase price of the replacement is $...
I just did my research this week with about 6 possible lenders for a cash-out refi on a rental property and after gathering all the info I could, it looks like the two best options for a loan of around 100k would be e...
Hi all, my business partner and I have recently filed for our LLC to start our real estate investment journey in Ohio. We have been doing our research regarding the in's and outs of the different types of real estate ...
I have a property under an owner finance contract (with contingencies) in NE Ohio. Property was advertised as "rent ready", and I requested photos, and ownership history (looked all title, tax history up myself as wel...
Good morning to all,
I am a new investor. I have been studying real estate investing for about a month, and feel very optimistic about my future in this business. I also am very excited because I am actually understa...
Hi everyone,
I don't know if this is the correct forum for my question, but here it is. I made an offer on a house to reside in. the ofer was accepted. the closing date on the offer was for 2/13/09. since the offe...
Hello BiggerPockets members. I hope everyone is staying healthy physically, mentally, and financially.
My question is the following: If you have a Home Equity Line of Credit(HELOC) would you consider transferring the...
Hi all! Does anyone know of any banks/lenders that are doing HELOC's on Investment Properties currently? I have called several banks, credit unions and have had no luck. Any insight would be greatly appreciated. Thank...