Max Petrov
Wholesale lease option for handymen
How you guys WLO houses that's need some work?As I know you cant renting out if house isn't in livible condition and cant sign regular rental agreement and lease option right?
Zach Pieper
Leveraging Current Duplex For Next Property
Hi - I currently own two investment properties a duplex and a condo. Both have over $100K in equity based on appraised values. I've only ever done conventional financing to get these properties. Wondering what the bes...
Cody Droddy
Line of credit question
Ok. I have a rental property on a 5 year ARM20k loan balance, 90k in equity. Looking to flip a couple homes. Would you finance the rental on a 30 fixed loan holding the cash in an account till you find a flip, or do a...
Eric Hamilton
Getting a heloc and home equity loan at the same time!
Hi I'm curious i have about 100k in equity in my personal residence could i get a heloc and a home equity loan. I love the flexibility of the heloc but like the face that with a loan i could get a fixed rate. I wanted...
Philip Gleason
Sell or refi to pay off ex wife
I've been really interested in rentals and possibly flipping. My first wife and I purchased our first flip in late 2012....5 years later, house is 30% done and she left. Now the value is at its highest! I have 110k...
Jacqueline Cooper
Woodland Hills New Member
As an artist I never thought I would be looking into real estate, but here I am. Two years ago we started investing in properties and to our good luck, we have gained in equity, yay! The main challenge at the moment...
David Stone
Lender wants 6k in reserves for loan?
I am looking at purchasing a duplex for 80k. I have 30k in equity on my primary residence. I am going to use this for the 20% down. This would be my second property. The lender I got my first mortgage through is sayin...
Ray Hayward
Partnership Strategy and Advice
I am working with a General Contractor to determine if we can find a way to partner up in hopes to make project numbers work. He is interested in equity in exchange for “Sweat Equity”.My thought is to offer equity ba...
Redgy Saint-Germain
Is it better to get a HELOC after your refinance from an FHA ?
Hey guys, I have a property with a 30 year FHA that I am trying to refi to a 15 year conventional. My monthly payment will increase another 600/month but I would build about 15k/year equity as opposed to 4k/year. I ...
Carl N.
Rental Refi Question
I have noticed of late that finding cash out refi's on SFR or mulit family units here in Cal to be difficult despite the massive increase in equity. Does anyone have some best practices or lenders that they favor for ...