I'm a small-time side investor with just a couple rental properties in NE Ohio. Two rentals are enough hassle for me and I don't plan to buy more unless it's a deal that's impossible to pass up. I occasionally scan th...
In case anyone is in the market for it....
We just closed a HELOC with Bank of the West.
They will extend a line up to 60% LTV for investment properties and closed in the name of the LLC. That is, we did not have t...
Hello. I am a newbie and I have been looking for deals. I read that as an investor, I should make my money at the buy which is getting 70% of the market value of the house minus the repairs. I found a landlord that wa...
Have an opportunity to buy a property which ARV is between $85K and 90K. Seller has a HELOC of $65K with payments of $645 a month. The house needs approximately $20K worth of renovations and I believe I can rent it fo...
Has anyone heard of this? Im not talking interest for the first 7 years, followed by paying down the principle the other 23 years. No, Im talking 7 years, paid off, DONE, NOTHING LEFT, NADA, ZILCH! I don't know if ...
Looking for some advice
I’m new to REI and want to find the best way to move forward. Right now, house hacking is out of the picture for me, and I have to stay in the Borough of Paramus for the time being.
I current...
I have purchased a home in cash, renovated in cash and now would like to finance it.
Looks as though HELOC would be best option. Who do you use for investment properties?
Alternatively should I eat the initial fees ...
All, I have 7 townhouses all on commercial loans. 4 are on one loan and I have been paying this for 3 years. It is fixed for 5 at 5% years amortized for 20, and then can be variable. My loan officer said we can ju...
Hi all. I plan on moving to Florida at the end of this year and turning my primary residence into another rental property. When I bought this house back in 2017, I put it on a 10 year arm at 3.625%. I currently have a...
Hey folks,In preliminary talks on a small 3 bed 1 bath house near a hospital. House built mid 50s. Has good potential for MTR and LTR as back up. Vendors are a senior couple. House has been updated on main floor and i...