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Hey guys, I've got a few questions about HELOCS on rental properties.1) Does anyone have experience with local credit unions in the DFW or Sherman/Denison areas of North Texas that will do HELOCS on rental properties ...
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I'm an investor that's recently been asked to advise my in-laws on how to manage their commercial property on Staten Island, NY. My father in-law had a medical practice which he retired from and currently owns the pro...
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I'm a co-owner of a home that burned down, and we're weighing our options on what to do with the insurance payout. Home was my grandfather's that he sold to a relative and myself. It wasn't a primary residence for ei...
New investor saved up enough to barely get my first purchase, a forclosure for 21g resale value at 97g. I have free help on the remodel except for a contractor on plumbing and electrical. Should I just go for it if t...
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Found a house in my area priced at 135000. It’s a 3 family in a good enough area in a large rental market. I ran the numbers thru the deal check app and even with 2 units only being rented out it’s got a cap rate of 1...
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This seems to be the biggest challenge when working on a property. I am working on one right now and the contractor just stopped going so I had to fire him. This is the third contractor I've gone through in the last t...
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The Problem: Last year I purchased my first rental property. It was a foreclosure (basically one of the last to clear before the pandemic) and I was very excited that it had an awesome mother-in-law suite in the back ...
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I just purchased my first property and Im starting the rehab process. My contractor wants 50% on the estimated materials cost and labor up front which equals about 20k. My concern is how do I protect my investment, I...
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I am brand new to the investing world and am starting to look for my first deal. My plan is to basically follow the BRRRR method using hard money for purchase and rehab and then refinance into a DSCR for the long term...
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I am hoping for some experienced input before I proceed with a deal and closing.I have a seller who has agreed to sign my purchase and sale agreement. FMV is around $100k; I will pay $76k and put in $20-30,000 befor...