The following is a few reasons why we've used lines of credit to scale our portfolio as opposed to using the BRRRR method. The BRRRR method is a great tool, but has certain drawbacks that are accentuated in the curre...
Back when the 2% rule was very relevant what was the average house prices/rent prices that were meeting the criteria? As prices on houses rose, things leaned more to the 1% rule. Now it is starting to be difficult to ...
I have a home and want to get a credit line and then use the credit line to purchase a new owner occupied home. Will there be any issues/items I should be aware of on this? My husband thinks we will need to close it ...
I'm looking to see what are some of the multi-unit in and around Chicago area to buy in?
What would you recommend?I plan on using the equity in my home for a fix and flip project in Chicago. The plan would be to acquire, rehab and sell within 6 months. For this would you recommend a HELOC or cash out ref...
Ok so here's the situation:I'm on a buying rampage right now, looking to buy as many houses as possible. My typical deal is $25k purchase, $25k rehab, and rent section 8 for $1200/mo. Then I can refinance at 80% LTVA ...
How much Cash is required to start house flipping business in Maryland. Is 400k to 500k cash enough to make a living by flipping houses. ?
Has anyone used Business lines of credit to purchase any of their rentals? If so please share your experiences with doing so, and what would you do differently?
Im thinking of buying a home, but I really need to add a bathroom to the basement. Only plumbing I saws while doing a walk-thru in the house was some pipes near the ceiling. So, Im wondering...how in the world do I fi...
Hello BP! So I recently saw a post from another member regarding Fund and Grow. Has anyone used them and if so how did it go. Sounds like a way to grow ones capital in order to turn it into purchasing power. Look forw...