Dwayne Rowe
Accessing equity from multiple properties
How do I access equity spread across multiple properties? I currently have about $600K in equity spread across seven properties. Is any bank offering a HELOC based on the combined equity?
Alice Foster
Pre-Foreclosure Short Sale Question
I'm a realtor dealing with pre-foreclosure and wondering if it's possible to make this work as a short sale. Scenario (changed the numbers slightly to keep it simple):
Seller owes 200k to bank. Liens and judgments fo...
Account Closed
Reservations about using Hard Money
I have a deal that would make a great BRRRR. $60,000 asking price, $90,000 rehab, $200,000 ARV. Cashflow positive $300 a month using the 50% rule financing 75% LTV when done. Obviously I’ll dig deeper into the expense...
Ed Florack
Military move (personal home turned into rental property)
I'm moving to Valdosta, Ga in mid to late September and am looking to purchase my first property. My assignment lasts approximately three years. The goal is to purchase a single family home for my family, and then t...
James Santana
Navigating thru these times
I am curious how is everyone being affected due to coronary happening.In N.Y. where I am from agents and brokers cannot pick up New listings, Nor cold call but can work existing contracted listing, so what about peop...
Adam Craig
Alternative to HELOC on investment property?
After calling 33 small banks I have come to the realization I am not going to get a HELOC on a rental property in the second position. I know Huntington/Penfed/Navyfed/TDbank will do them but due to various reasons in...
Jay Humphrey
Orlando Property Management Company raised over $10K for a renta
Hi everyone, with everything going on right now around the world, there are many people going through financial hardship. Many of whom are renters and make up a large portion of the population.
I own some rental pro...
Account Closed
First Real Estate Investment Advice
Hi everyone,I'm 22 years old with about 40k in savings and 5k in debt. I'm living at home for a year and start working in September making about 75k a year as a consultant. I want to get started in real estate investi...
Andrew Lawrence
Closing with FHA, would new loan hurt current deal?
Hi,
I am in the process of closing a house with FHA financing and its going to take about a month. However, I am seeing other deals that look good and I don't want to jeopardize anything. I'm wondering if using Hard ...
Sarah Poole
Cut losses and walk away?
Bought a condo at a ski resort in CO in May 2022 for $510k. Put down 15%, borrowed the rest at 4%. Originally planned to move in, or at least use substantially, but life had other plans so have been listing on Airbnb....