Can you guys teach me these rules50% rule70% rule1% ruleand more rules.
How is equity determined in a foreclosed, bank owned property and is there an easy method of assessing what it is or does the property require an appraisal first in order to know how much equity remains?
Thanks,
Roch...
Hello fellow BP investors. I have gotten a lead to a deal that is basically buying a note that was just created a month ago, buyer gave down payment of 25,000 on a house sold at 75,000, and the seller is now trying t...
Money is an obvious requirement in order to live and pay the bills. Without money, working for a wage is a necessary task. Unless someone is a full-time investor, it is likely that the burden of monthly expenses are l...
I live in the Las Vegas area and planning on renting out my house. Is it possible to transfer the property into an LLC despite having a mortgage on it? Any advice is much appreciated!
Hello BP!I am a new member and loving the podcasts.I need to buy some income-producing real estate in the Tulsa area. I have just sold a rental property in Hawaii and am doing a 1031 exchange. My exchanger tells me th...
Happy New Year!I have been driving around the Palmdale, Lancaster, and Quartz Hill CA area looking for abandoned/neglected looking houses. I have found some and am struggling to get information to take the next step ...
I worked in London, UK for +8 years and during this time I purchased a residential property, there. 18 months ago, I relocated to Philadelphia, USA and I now rent the London property to tenants. I have some solid equi...
Hey guys. i have 1 rental property that has 25% equity, about 25k realistically. I know i cant do a cashout refi, however is there a way i can utilize this to fund a 2nd property? how would i be able to use it with a ...
I own a single family home and its an investment property, how do i use that equity to get another rental if i have bad credit? whats the best kind of equity loan for this HELOC? Cash out refinance ?