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I was just asked why $1M in assets is better than $1M in savings. I believe $1M in assets is truly worth more, but I honestly don’t know why. Can someone please explain?
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Currently my wife and I own 3 properties. One is our primary residence with about $50,000 equity. Another is a duplex that we rent out both sides with about $650,000 equity and a 4.79% rate on the mortgage, the thir...
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I am not even sure where to start but here goes……
I am 28 years old, married, and sitting on a condo in metro Detroit that has about 125,000 in equity right now. I was lucky enough to buy at the bottom of the market ...
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I would like to start wholesaling to help with my down payment to expand my portfolio. I've been on BP reading articles and watching webinars on how to start but just haven't pulled the trigger on a deal yet. I was ...
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Question about how to refinance your personal loan into a fixed rate 30 year commercial loan so it doesn't show up as personal debt. I have (2) commercial loans right now. Commercial Loan 1: has (3) houses on one lot....
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So a plan that I have is to get a 203k loan on a multifamily property and do the whole house hacking thing to start my journey into real estate. After a year I would refinance to a conventional loan and put the equity...
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SO!!my SFH rental likely has a solid $50K+ Available in equity...
( $100K+ value / 28K owed @ 2.75% / assume 80% LtV)
I cannot find a lender that will do a HELOC on an investment property.. I'd like a HELOC as a ...
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I owe $100K on a rental I own in my name and also have approx $100K in cash. I’ve been wanting to star an llc and move it under that, but I would burn my cash reserves to do it. Would it be better to just keep it a...
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Long story short... I'm a brand new Real Estate Agent and brand new to the investment world. I want to sell my house that has about $200,000 in equity but will need maybe $50,000 to remodel. I haven't done an estima...
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I’ve had one rental for a year and just acquired rented out my second rental. I have a couple hundred thousand in equity between the two and now I’m trying to figure out my next move. I’m open to partners but would pr...