I know some by listening to podcasts and whatnot, but when it comes to experience i have none. Currently i have a mortgage, car loan, and a personal loan. Should i pay off at least the personal loan before buying a re...
Hard/Private money (10-20k) for renovations of my primary 2008 build track home and then refi cash out to payoff loan. - mortgage balance 213k- ARV 315-345k- credit score 680- state job (14+years) 113k/yearAny loans o...
365 days ago I had four units. I primarily stick with 3 bd 1 ba units. Average rent is $800 per unit. Then I found a quadplex and ran the numbers. Presented the numbers to a potential investor. I utilized the strategi...
How do you feel about taking out personal loans to buy investment properties opposed to mortgages? I'm thinking about taking out a personal loan to buy an investment property that produces good cash flow. Is taking ou...
Hi Folks,Need some advice from those of you who have CPA or mortgage experience or just a lot of experience in REI. Two years ago, I took out a personal loan ($50K) to put with some other funds I had to buy a rental p...
Hey BP Family,Can a regular bank loan be used to buy RE in cash or is that frowned upon?Thanks,Lisa
Hello all.I’m looking for some creative ways to finance a property. I’m planning on using a vacation home loan to get the down payment down to 10% down. I planned on financing the down payment with a personal loan unt...
I have a question for the experts. Should I invest a 40k HELOC or pay off a 13% personal loan for around the same amount first.
[This post is opening a can of worms, I know...] We recently set up a single-member LLC and transferred the deed to our duplex to it. I have been moving all expenses/accounts under the LLC as well. However, the loan i...
Hi all - first time poster here! I am shopping for a personal loan to cover $20k worth of costs for a rehab project. The funds will be used for labor and to help pay some of the mortgage during reno. After reno, th...