Okay first the good news. PenFed is really amazing when it comes to HELOCs for a Rental Property. 80% LTV. Very fast response. I applied Friday and heard Monday I was approved, "when do you want the appraisal?". Appra...
I just read the "Ultimate Beginner Guide" provided by BiggerPockets and noted the investment rule of 2%, and find it may not be realistic in my humble opinion.
If I am correct using the 2% rule, a home that cost $200...
Good morning! I am a new investor and after picking the Charlotte market and learning about the due diligence fee, I was wondering what other nuances there are for other markets that are specific to that market and no...
I own several smaller duplex/triplex properties and just bought my first small apartment building (7 suites). The previous landlord's garbage system was the following:
Each tenant is responsible for taking their garb...
I am an aspiring real estate investor living in Idaho Falls, ID trying to make my first deal. My original inclination was to try to house hack in my area however, I have yet to really find anything on the market that ...
I just got a HELOC on my investment portfolio, so I can buy my next building with "cash".
I dumped all my operating funds in my HELOC to minimize the interest.
Now, I get a wrenching gut feeling that this HELOC can ...
Hello Everyone,
I want to buy a condo at a Sherriff Sale in Newark, but I want to do my homework first. I know there are liens and outstanding debt that needs to be paid. I've heard from some of my sources that t...
Hi everyone,I am about to purchase a property in SE Raleigh. I intend to rehab it and hold it as a rental but I am also considering selling it. I have never done a flat fee listing before but I was thinking about payi...
its gotten ridiculous running from home depot and occasionally lowes multiple times a day with my little sedan, especially when i need loads of drywall and pallets upon pallets of heavy ceramic tile.having spent virtu...
what does this government bail out mean to us? Should I put a hold on looking at property? Should I stop trying to pay down my house? Should I consider pulling out the 25k+ equity i have in it already? What do you...