Would anyone be willing to share how they used a HELOc on their personal property to purchase a rental property? Some of the details not to personal, just trying to get an idea if this is something I should do. Only l...
So, I am about to close on my first MFU in 2 weeks. What I'm wondering is how am I going to raise more money to buy more and more property? I know the general idea of keeping expenses low personally, with the property...
I am VERY new to the fix and flip world, and trying to find my 1st property to flip. Nobody told me that the road would be easy but...... They should of told me it would be difficult :) Finding a home that makes sense...
Do you think REO properties are a good start for a new investor? Please give me any tips. Any and every tip will be appreciated. Thanks.
I am an incoming college freshman and I would like to buy my first rental property next summer. However, my largest concern is my lack of personal funds (less than 3k in savings) as a safety net for a necessary expens...
Hey guys. I've been spinning my wheels for a bit. I bought my first duplex as a house hack with 20% down. In August a year later, I bought a sfh, 5% down, to live in and work on to flip. But now i just have enough inc...
One fear I have with BRRR is having refi's on almost every property. I am a slow investor... I HELOC my primary, buy a rental, payoff the HELOC, buy, repeat. I don't like more than 100k out at a time. Multiple loans ...
So last night I attended a Candis & Andy Merideth intro. mtg. for their 3 day bootcamp. They went thru the usual, embellished success stories to drum up excitement and "business". It was all going reasonably wel...
Four years ago I purchased my first rental using conventional financing. Purchase price was $30,000 so the downpayment was $6,000. Wednesday December 18th I refinanced my portfolio for $400,000 which gave me $85,000 o...
Good Morning BP,
As a veteran, my goals this year is to obtain at least 2 multi family homes.
I have access to the VA Loan and I have an investor.
I have the time to oversee rehab.
I am also w...