Matthew Adams
Clarification on article about using a HELOC to build wealth
Hi,I just read through the article at https://www.biggerpockets.com/blog/how-im-using-helocs-to-build-wealth by Charles Hardage. I'm unclear on one thing, though. Charles said:"Our first HELOC allowed us to save $50...
NA NA
Getting credit
Read somewhere about creating credit line but don't know which post is it The content is something like deposit some money in one bank borrow from them and deposit to another bank and borrow again creating more credit...
Jordan Johnson
Question about consolidating debt
I’ve been thinking of ways for my wife and I to quickly get out of the debt we’re in. Right now there are multiple things we owe on. We own our family vehicle out right so my thought was to take a loan out on our vehi...
Quentin Mitchell
Value Add vs turn key or light cosmetic rehab
There are positives and negatives of both systemsValue Add Positives:1. Cheaper acquisition price2. Greater ability to force appreciation.3. You get to pick the maintenance that you do, and you know what major mechani...
Danny Mittler
Would like to buy my first property by using BRRRR method
Hey I’m 21 years old I live in Hollywood Florida I saved so far $30,000 and I searched up how to get in to real estate and start buying my first property
I heard about the popular method called BRRRR I saw YouTube vi...
Byron Bailey
How is your strategy changing? Sitting on the fence...
Due to interest rates, refinancing is more expensive, so often times more (or most) of your own money needs to be left in the deal in order to make rental income make sense, which ultimately slows down your ability to...
Alex Kenneth Swindell
Taking over a foreclosure mortgage?
Hello Everyone!
So, I found a property that is a pre-forclosure and is listed for $400,000. I'd like to understand how, if one were to try and assume the mortgage, how that works, and what the options are as far as ...
Sharon Tippett
Getting started using LLC
I have heard a good way to get started is to start an LLC to purchase a property and sell the LLC. I don't have the best credit and limited funds. I have enough funds to start an LLC and put a property under contract....
Daniel Harnsberger
Finding Renters in Less-Desirable Areas
I am a licensed agent and property manager in the Richmond, Virginia market. We choose to manage our clients' entire portfolio (as long as it's in our service area), regardless of any of their properties being in less...
Zack Ellard
Visualizing Success
My wife and I have been doing a little mind trick that has been working very well. We pick 3 things we need to do the next day and right before bed, we close our eyes and visualize ourselves doing whatever it is that ...