I have a SFR with good returns and decent equity. Should I tap that equity to get capital to buy next SFR or go the longer route or saving additional capital while keeping that equity in place?
Hi everyone,
I have been lurking in the forums for a while now and enjoying all of the great questions and answers and information that you all provide. This is my first time posting though.
I am looking at doing ou...
Governor Pat McCrory signed the NC PACES Act on Friday. The PACES (Providing Access to Capital for Entrepreneurs and Small business) Act enables a NC startup company to raise up to $1M via crowdfunding ($5,000 cap per...
Hello! I'm new here and wanted to introduce myself. I have been interested in real estate investing for a long time but only now am I digging into the concepts because I have finally built my savings and income to the...
There is a lot at stake in this wildly contested Presidential Election. With such serious topics as; COVID, climate, immigration, the economy and housing, partisan approaches to housing and the inclusion or exclusion...
We are looking to refinance a 12 unit appraised at 870K with maximum cash out. We only owe $175 so there is plenty of equity. The bank we have a relationship with would only give us $250K (which would leave us with $7...
Hey guys, so a few weeks ago I closed on a 90 LTV HELOC for a duplex I househack. I was obviously was able to get this high of LTV because I was owner occupying the property. The HELOC is for $57k, but I had to use $3...
I flip homes in Alabama. I have done 2 so far in a year. One I flipped and sold. One I flipped for a client. I own a contracting company so all work is done in-house by my team. Curious on thoughts of using private le...
So I have a good problem...I am running 2 short-term rentals and they are producing a large amount of excess cash which is currently sitting in a business savings account doing nothing.I have mortgages on both propert...
Beginner to the real estate scene still learning, reading many books but i need more info on hard money lenders pros, cons and recommendations Thanks😊