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A debt settlement process is not meant for everyone however, it may be something to look into. Debt settlement is a method to help reduce your debts where the creditor and the debtor both agree on a repayment balance....
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So heres the idea.... lol I want to build a duplex, but dont want to tie up a ton of cash in the process. I was thinking about borrowing $200k from my margin account threw Edward Jones @ 4.5 % (i think i have a year t...
Hello Everyone! I am a new member here that recently discovered this podcast and it is great!I purchased a small condo a few years back as an investment and I have tenants in it.I paid it all off already and they are ...
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Hi,, I am thinking useing self directed 401 k account.. my question: Can i use my self directed account to use for down payment only when buying rental property? if so do i just repay the precentage like 10% - 20% ...
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Hi, I’m in the Tampa Bay Area and I’m looking to purchase another property. I was looking to do a HELOC on my primary residence to fund my purchase. I need some advice is this a good strategy or should I rent my hous...
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Curious about the BRRRR method. For the sake of cash out, the goal would be the highest appraisal possible. But wouldn't a higher appraisal cause higher monthly loan payments which would reduce rental cashflows? This ...
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I am looking to use hard money with my first BRRRR in the upcoming months and I have questions regarding obtaining financing. Once you're able to secure a hard money loan, and want to "buy and hold" the property, if y...
Hi,My sister and I rent a property that's in a Revocable Trust. Our tenants have given notice and will be out by 5/1. Being an 87 yr old home, I would like to sell the property. She and her husband have been hit hard ...
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I’m looking to get a HELOC on my second home which I’ve only used for a few rentals, it’s basically our vacation home.
It’s in a trust there’s no mortgage value $650-$700 wanted to take out $150,000 for renovation a...
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Continuation from Part 1 of this series: https://www.biggerpockets.com/forums/44/topics/723267-apartment-financial-underwriting-part-1-of-a-2-part-seriesApartment Financial Underwriting - Part 2 of a 2 Part SeriesInve...