I've seen much debate over the true value of a HELOC, but my wife and I went ahead and turned our mortgage into a first position HELOC. Not only do we already have $14k at our fingertips, but we were offered the entir...
I am working on getting the hang of doing cash flow calcs in preparation to buy my first investment property. I am trying to be extremely conservative in the numbers I use but I know this is obviously more of an art t...
Hello,I am looking to purchase an investment home ($425k) currently in foreclosure and am planning to pay using a hard money loan at 8% interest. My plan is to put it up as a long-term rental after doing some updates ...
I have a property at 8% owner finance and I of course want to refinance as soon as possible. Should I refinance what I owe which is 150k or should I refinance at the new value of around 195-200 and use the lump sum of...
I read the article about the T rates and trying to understand some ideas that they propose. It says when economy is strong and expanding there are lots of opportunities for investors, so they demand a higher returns a...
Hi everyone,I am in the process of building a single family home with a basement suite in Edmonton, Alberta as my very first real estate purchase. I intend to hold this long term as a rental property. My big dilemma...
Hi there,
Long time listener, first time caller ;)
I'm located in coastal Southern California. I live in an HCOL area, walking distance to the beach. I have a $250k HELOC, which I had been planning on using to build...
Hey everyone,
I’m looking for advice on an issue I’m facing with my rental properties. Recently, my property taxes and insurance costs have increased significantly, turning what was once positive cash flow into negat...
Looking for advice on how to get in front of private money lenders who would be willing to take my 1st position in a portfolio of six SFHs and one duplex in Charleston, WVA. My acquisition loan is at a high interest ...
Will buying condos in cash in any market always cash flow positive? Any cases where buying condos in cash would not cash flow positive? Is the return for condos better if financed or purchased in cash?