Currently renting an apartment and am strongly considering buying a house in the next year, with the plan of living in it for 1-3 years, and then turning it into a rental. By the time I am ready to buy, I won't have e...
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Im thinking about investing in a 25k single family home thats actually valued at 57k. Will i instantly have 25k usable equity?
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Id appreciate any help, as ex. if i take out say 100k home equity loan and use 50k each as down payments/cloing costs my understanding is i cant deduct the interest?However, if i would take 100k home equity on a renta...
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Hey guys!!! Just bought our first home in Knoxville, TN!My question is how do you determine your rehab budget if you plan on flipping within 3 months Thanks!
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Hi, I have an opportunity to purchase my parents home for $500,000 in the Bay Area (Home could be sold for about 1.2 mill). Obviously, I would love the chance to get ahead of this crazy market, but there is some agree...
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Hi BP members...I'm planning to sell one of my rental as land contract, 30 yrs term. can I still use that house to get a home equity line of credit until the term end? Thanks
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will be puting 20% down on a 200k house but it is appraised at 270k. How can I get equity out of the extra 70k? second mortgage? is it easy to do?Thank you Very Much,Reda
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $255,000
Cash invested: $8,000
Put 5% down on a 4bd/2ba SFH flip with ADU in the backyard south of Raleigh, ...
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I have listened to several podcasts that recommend using equity to purchase more rental properties. I have about $100k+ in equity. Whats the best approach in utilizing the money to purchase several properties. Does...