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Hi! My primary home is worth about $2M and paid off. I would like to draw $1-1.5M from it to buy a multifamily property with a 1st lien HELOC. The problem is that my income doesn't support a loan of that size and I...
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Hi All!
I've decided it is time to 1031 exchange/Reverse a property I've owned and rented out for a while. I have good equity in it and would like to get into commercial real estate instead of buying another residen...
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Backstory: I'm in the process of selling a property that has had a significant amount of appreciation. It was purchased as a primary residence and I "house hacked" it for several years before relocating with work an...
No, I didn't make this up. In fact, you CAN"T make this up. It makes my head hurt just to think about it.I thought Seattle's 6 months with no rent payments was insane. This makes me really glad I've cleared out of bot...
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Hey folks! This is my first question on here. I purchased a property for myself and my children in Sept 2020 with no knowledge of any of this real estate investing. There is the main house that me and the kids live in...
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My names is Tevin Jones. Im 21 years of age. I was born and raised in Toledo, Ohio and moved to Columbus, Ohio two years ago. Im working toward getting my Bachelor's degree in Economics with a minor in Finance.Im a fe...
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Hi All,First time poster, long time reader. Just a little background on myself; I am 25 years old, currently own a couple of rentals in Worcester, MA. I went to college for Landscape Architecture but focused more-so o...
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I’m working on finalizing a deal for an 11 unit beachfront property. Short term rental in the summer, long term in the off season. Cable/internet is included.
I’ve cut the cord in my personal life years ago. I’m ass...
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It's been a long journey and I've finally arrived at the beginning!
-Jester Bobbity
TL;DR: I have ~$200K equity in my first (and only) multi-family. How do I get it out? And once I do, what next?
I bought a mul...
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Hi everyone,I plan to move into the commercial space in a few years as I scale my fledgling multifamily investing. It seems to me like I am perfectly positioned to do so, as I see the commercial real estate space, esp...