Looking for ideas. If you had a $500,000 line of credit to invest in real estate, what would you do? Buy and hold of fix and flip? Multi family or smaller deals in the city of Chicago or suburbs? What submarkets?
Hi-Hopefully I'm stating this correctly:HELOC -> has closing costs and is the equity being pulled out of the house up to a % of what the lender will lend on the property (ie 60% or 75% LTV). If there is a 1st note ...
Hello. This is an email I received from my local attorney who has done numerous closings for me on real estate transactions. I'm wanting to get an unbiased answer so I havent posed this question to him. Heres the emai...
Hello everyoneI was wondering if anyone here has worked with Mr. Herrick at Horizon Financial Group out of Dallas Texas. He seems to have an interesting hard money program but I have not been able to find any reviews...
Ok I have a lot of choices to make here! I live at parents because I just sold home in December and made about 30k profit. Now I also have a paid off rental my dad gave worth about 140k. He collects rent tho! I want l...
Ok I have a lot of choices to make here! I live at parents because I just sold home in December and made about 30k profit. Now I also have a paid off rental my dad gave worth about 140k. He collects rent tho! I want l...
Hi,I'm a dual citizen, Canada and USA. Just curious if anyone has used their Canadian property to leverage and buy properties in the USA? Can this be done? Appreciate your response
Erik
I recently closed on two separate properties. Property 1 closed November 23rd on a townhouse in my neighborhood using a Heloc on my Primary residence at $165,000. I was able to get a line up to 100 % equity on my P...
I self-managed my apts for years but it's time to hire a property manager (as a w2 employee). My last short-term property manager used her personal cell phone but she didn't pay her bill and then left the company and ...
My partner and I are planning to buy our first SFH in Memphis, TN this fall in cash utilizing the BRRRR method. We’re currently looking into financing options with the goal of getting our cash back before the 6 month ...