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I'm finding banks have a maximum amount they will loan on a primary home Heloc.. So, I'm thinking it may work to get 2 HELOCs from different banks. Say I have a primary residence that is worth about $1,500,000 and i...
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I would like to know if a property has a tax lien and IRS lien which one has a priority or that is goes by which one was filed first?
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Hey guys, I'm a super noob( I literally got into this 2 days ago, but I've spent all my free time doing research). So I'm gonna pose my question through this example:Say I buy a 100k property with 20k down. I find a t...
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Buying 2-3 houses for under $10k each - Won't have to borrow against the homes, but will be borrowing for the construction work, and oh my goodness do these houses need some TLC..Looking for suggestions on how best to...
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In most states it is now time to consider running for political office... no, not the big offices, the small important ones:
City or Borough Council, County Commissioner or Supervisor, School Board, Tax Collector, T...
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Hey everyone!I was listening to BP episode 335 or 334 and I heard something interesting. The speaker mentioned that either he or someone he knew invested in a very expensive property which had negative monthly cash fl...
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Hello Everyone,I want to begin by saying thank you to everyone that takes the time to reply to this post. I recently moved to Indianapolis and am in search of an Assistant Property Manager position. The reason I am se...
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There is a house I am looking to purchase at a sheriff sale in NJ. The ARV of the home is approximately $700k. The property has 3 mortgages against it. It has a first from 20 years ago who's face value was original...
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Hello all ... having some issues with making the numbers work with such little down payment. I'm using mortgage/interest, taxes, insurance, 10% management fee, 10% maintenance buffer, 7% vacancy rate in my excel sprea...
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Hi Community! Here's the deal: I've my eye on this house for sale in North Houston. It's a 3/2. Needs about 15k in repairs. Owners acquired it through probate. ARV is roughly 142k -150k. Rent avg: 1200 to 1300. Homeow...