I heard there’s certain mortgage products that bankers aren’t allowed to sell or advertise because the bank makes no money on them. What are they? Does anyone know? The bank makes more money on a 30 year fixed rate mo...
I am one of this who is always looking for a good Real estate investment..
I have a lot of equity on my primary residence.. how does equity line of credit work ? What I would like to do is if I see something interest...
Hey Guys,
I came across the BRRRR Strategy. It seemed very easy and clear at first but when I looked deeper into this concept, it appeared to me that it has some hidden problems. As long as I understood this method ...
I am trying to refi two houses that I have free and clear. In the process I was informed I need flood insurance and have to have them surveyed to get an elevation certificate even to get a quote on insurance
Does any...
I recently came across the company Replace Your Mortgage. They advise you on HELOC products, banks that offer them and strategies to pay off your mortgage quickly and to invest in real estate with other products tha...
Hi everyone, What neighborhoods or other micro-markets in Buffalo, NY offer lower entry price points ($150,000-$350,000) for multifamily homes (2-4 units) that have a higher chance of monthly cashflow? Additionally, a...
Looking for advice. I have a HELOC that was approved last week and closing on Tuesday. It is a 100%cltv for $79k. I know it is enough to purchase 2-3 investment properties with conventional financing, but not sure if...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $235,000
Cash invested: $12,000
Currently Owning and building equity with the goal of fixing up some of the propert...
Hello all,I'm stuck between doing a cash out refinance or HELOC on my current VA loan. I am trying to take advantage of the low interest rates at the moment. I am wondering is it possible to do a refinance and then do...
Hi All, Flipping is a new area for me, one in which I am trying to do my home work in a serious way. Based on books I've read, I've been able to identify a number of calculation to consider when reviewing a property a...