I was hoping that someone could help me with this question. I have a rental property that is paid for and I want to borrow the equity out of it for any future investments. The property is at a near high right now an...
Hi! I'm wondering if anyone can help me get an accurate report / calculation if I'm borrowing the rehab funds in a rehab / construction loan.I'm currently not getting an accurate report for amount of cash needed etc.....
My tax preparer recently mentioned the possibility of taking out a loan from my 403(b). He mentioned that a good thing about this is that I would pay back the money to myself, with interest, as opposed to the governme...
We have some performing loans in the portfolio and have been contacted by a two of our borrowers (so far) who are currently out of work due to COVID-19 lock downs. They are asking about skipping payments until they c...
I am looking at properties going up for auction. I want to get in on this as I think this may be a great way to get below market properties to either BRRRR or fix and flip. The auction house wants money in an escrow a...
I've quickly decided BRRRR is the route for me, and out of state since I live in NY. What I'm confused by as who to borrow from. I have about $15k+ to start with.For the purchase of the home that I rehab originally am...
I'm a newbie to investing, and I'd like to hear the pluses and negitives of having a co-borrower. Can I get a better rate, etc?
I'm thinking of having my brother/housemate as co-borrower. I know there are potentia...
I've asked this before, and came away MORE confused. So let me try again.
Another poster on here in an older thread said: "In a few years when my units are paid off, I can keep the full rents as profit." (p...
I'm new to Realestate investing and am in the process of closing on my first rental. Since then I've learned of the brrrr strategy. My main issue is raising the initial capital to begin the brrrr with a second house. ...
Hi all! My wife and I are trying to get creative about scraping every penny together that we can. When evaluating our assets we noticed that the largest untapped potential is in a sizable stock/bond portfolio that is ...