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Hello Everyone,
I am preparing to start my first LLC and I have a few questions:
- Should I use a tax lawyer or a CPA to make sure everything is done correctly? If yes, do they need to reside in the same state as th...
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When an owner is potientally willing to finance, what can I expect? And what kind of deal should I be shooting for (in terms of interest rate)? Never dealt with this before. My credit score is 729, I’m 22, and my only...
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From my counter offer. The seller listed these conditions on the contract.
1. Tenants will have possession for 60 days after closing.
2. Purchaser will retain $700.00 security deposit to be returned to ...
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My current situation; I have over $250,000 in equity and can't get access to it because of bad credit. Attempted HELOC but NO GO... I don't want to sell..
Want to invest with the cash and rent my property that wou...
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Hello everyone,
I'm looking for some guidance on my plan to use a Home Equity Line of Credit (HELOC) to fund a fix and flip project. Here's a summary of my financial situation:
**Income:**
- I earn an annual gr...
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I'm looking to get a baseline for the financing I can potentially get approved for to help narrow down my search criteria. I asked a broker at a local real estate meetup last night if a pre-approval application would ...
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Hi BP! Much of what I've been researching has shown that the best way to prepare for the (potentially) upcoming market downturn is to save cash and open up lines of credit where possible. I went through the process of...
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Hey everyone, I am completely new to real estate investing. I listen to the BiggerPockets podcast pretty regularly and have started picking up some books to read. Big fan! Just a little background info about me I am a...
Hi all - first post here so bear with me, I’ll try to keep it concise. In short, I’m preparing my finances here to put me in a position to purchase an investment property. Due to new COVID-19 developments, it’s my und...
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Does anyone have a recommendation for establishments that will open a Heloc on a rental. I have checked with a few places and they are only doing Heloc on the primary occupied residence. We are not in a rush , just tr...