All I here about is how great HELOC is- How about the downsides: 1) variable rate 2) risk your home if used 3) tax deductible only if used on the same dwelling
Looking to purchase my second investment property. I am likely $10-20k short in the necessary down payment for a deal that recently came to me. The deal checks all the boxes for me (area I like, area I know I can fi...
Let me preface this post by saying this is going to be my first property purchase. With that, I want to do everything in my power to ensure that this deal will be a positive experience. I have recently found a 2bed/2b...
Howdy! Looking into getting into REI and have been looking at different systems and vehicles to get me there. We don't have any huge goals of owning 1,000+ units or raking in millions a month. Our goal is just to repl...
I own a two-story duplex where water constantly drips down the siding, even when it hasn't rained for days or weeks. My property manager had someone inspect the issue, and they initially said the AC unit was the probl...
Hi all,Newbie to the landlord world. I have a vacancy and an applicant who is section 8. I know the money will be there every month but I'm curious as to the downside of section 8 tenants. Anyone here have any expe...
Hi everyone, I'm brand new to investing. I'm in the saving/research stage but plan to start with a house hack in the next 1-2 years. I've been reading a lot about 203k loans for rehab properties and FHA loans with 3.5...
I've heard on numerous occasions that there are downsides to obtaining your RE license and being an Investor. I have still not been able to figure out what these downsides are. I mean obviously the cost to get the the...
Hello BP. I'm in the process of structuring my first BRRRR and had a question about using hard money. Would HML's be typically willing to finance ONLY the rehab portion of the project (i.e., I buy the property for cas...
I am an Army Physician Assistant (aka Doctor Helper). My hard money lender is offering to fund 100% of my next deal. I have used him 3x before so he's exceptionally trustworthy - however, do you see any downsides with...