Jeremy Slater
1st buy & hold deal closed using gift of equity for down payment
Hello everyone,I wanted to share the details of my first buy & hold investment property, located in Collinsville, Illinois, to see what you all think. The property was purchased from a relative who gifted more tha...
Gabriel C.
What would you do if you had, $60k, $100k, or $150k?
I’m looking for some perspectives from seasoned investors who could offer some thoughts on long-distance investing under these scenarios. What would you if you had $60k/$100k/$150k and:1. needed to invest hands-off (p...
Kevin Hunter
Pay down traditional mortgage or HELOC
I am focusing on two of my properties in this question. In property #1, the house is worth 180K, I owe 125K. I have a 15 year fixed rate of 3.625%. In property #2, the house is worth 375K. I have two loans on it, ...
Geoff Nielson
Cash-out Refi vs HELOC
Last November, I purchased a rental property. The house sits on 2 city lots. I am very interested in building a new home as a rental on the empty second lot. I've got a builder lined up and now I'm just working thr...
Account Closed
Potential First Multi Family Deal
Hello All,I am 23 years old and I am on the fence about jumping into the world of real estate investing. I currently live at home with minimal expenses. I have a decent amount of money saved up and the only major expe...
Kyle C thomas
How to refinance a 4 plex apartment
Need help finding a lender that will refinance a 4 plex apartment building to pull out cash? Bought last year with seller financing and can’t find lender that will lend, my personal credit is not that good has been th...
Leo F.
Pay of loan or purchase a legal 3 family building
Would love to hear some feedback on my scenario. I have a $150k that i have committed to my RE investments. I currently own over a dozen SFR in Long Island NY about 15 mile east of NYC. Things are VERY EXPENSIVE in m...
Connor Heim
TX HELOC and HEL questions
Howdy! Looking into using equity in my home to start investing. From what I understand, TX has some rules that I need to be aware of. HEL can be up to 80% of value, and HELOC up to 50%.My home is worth about $750K....
Michael Huang
Multifamily financing with 30% down
Hi everyone, I don't know if I post this at the right place. But I have a question about 30% down on 100 unit multifamily deals.if I have 30% downpayment, but never have done a deal yet. How likely would a bank financ...
Mario Broughton
What is needed to qualify for a non-recourse loan for commercial?
Im interested in procuring a non recourse loan for commercial investment purpose. What would be the expectations and qualifications for me as the investor?