Hi all! Forgive my ignorance as this is my first time posting and I’m new to real estate investing.There’s a home I’d like to purchase that’s in need of a rehab. They’re asking for $150,000 cash. Similar homes in the ...
Hello everyone, I’m 22 years old and I own 1 rental property that is pretty major cash flow. I struck gold on a house in a college town. The home cost 153k and I put a 30k down payment. My payment is around 650 a mont...
I now have 3 rental properties and one primary. Two of my rental properties are doing amazing and 1 of them is a money pit. I am at the end of my rope with spending. I went ahead and started the process to refinance 1...
I was thinking that I could have as many HELOCs as I wanted. How many times can I leverage the same equity. What if I set up multiple lines with different banks and closed on them in the same day or the same week. Doe...
My best friend's mom asked me about her house in Everett Washington WA. I told her that it might be a good idea to refinance her town house because she purchased it for $200k and now it is worth around $350k from mark...
I was wondering if anybody knew how I could get a home equity loan on a property without an income check. I own two condos which are fully paid for, and I'm trying to get funds to purchase another two condos. My cre...
I really need to refinance my home loan (4.5%, working on a 2.75% 30 yr fixed right now). I also want to hopefully buy my first rental. My thought is to just do the refinance then get a loan from the equity after. Is ...
I'm thinking of purchasing a house I'm renting. It's a small 800 sq ft, 2 bedroom, 1 bath. Total lot at 2750 sq ft. Plenty of work needs to be done, which includes roof, and windows. By the end of the year, I'd like ...
It is my understanding that there has to be a 30% equity build up on the house before I can take out a loan. My question is: Can I put 30% down on a house and immediately take a loan out and buy another house? Or is t...
I'm not saying I advocate or would do this, but I'm just curious-
Say you've purchased a home with owner financing. Would banks be able to see the lien on this property between you and the prior owner? Or would you t...