I've been going back and forth over what to do and would appreciate any feedback. A couple months ago we purchased a SFH with cash and an unsecured credit line ($20,000). The line is interest monthly with a variable i...
I know the debate on leveraging has been raging for quite a while on this forum and there are several people who are pro leverage (Rich, Will, JScott) as long as it is used responsibly and there are others that talk a...
I'm hoping the community can offer me a few options and advice on how I can leverage an old employer 401k account for my first deal. I'm 25 and left my first job out of college to pursue a new career. The balance in m...
Hi - I own a house in Oakland. I paid $339K. It's now valued between $750K - $850K and generates $5,700/month in rental income (pre-tax). I have a mortgage of approx. $195K. I've lived in the house 2 of last 5 years, ...
Hi bp,
I am new and like to understand more about leverage or not. I have enough to buy the house outright but wanted to get advice if I should leverage? Any advice is much appreciated.
Thanks,Hang
I am in the process of taking what to me is a large sum of money and invest it in real estate as part of a 1031 exchange.
I have always been taught that debt is bad and don't want to use all of it to finance prope...
Are there lenders out there that will let me use my equity in my current portfolio as a downpayment against another purchase? Basically what Im wanting to do is avoid refinancing because my employment status is a bit ...
Greetings:
I am doing a cash-out on my 4-plex. I bought it in 2013 for 274k and it is now appraised at 500k. Even so the appreciation is nice, the Gross rent totals $4640 and has room to go to $4800. Note, I pay...
Details for my specific case - Property one - cost - 398,000remaining - 322,000estimated current value - 446,000Property two - cost - 215,000remaining - 170,000estimated current value - 220,000
I have an active employer contribution 401K and was wondering if I can leverage a loan from it to start with my first deal. The cool thing about it is this particular investment firm offers a 7.5% return to myself for...