Hi, I am new to investing and I have the following question...I do understand the BRRRR strategy for both SFH and MFH and it seems that many investors prefer BRRRR route vs the buy and flip... However, it seems that t...
Please advice a bank or CU which provides HELOC with velocity banking?
Velocity of money is an economic term that refers to how quickly money changes hands within an economy. It's often used as a key metric of an economy's health. The faster a dollar gets spent, then re-spent, and re-spe...
Can someone explain the velocity banking strategy? I have seen the concept explained as a way to use a HELOC to pay principle only checks to your mortgage as a way to pay off a loan in an extremely short amount of tim...
How many investors have gotten hit with capital gain tax. And do you get thatt charge done when you sell and include that number when finding out how much flipping would cost you?
Hi, We are in the process of converting several of our investment properties from 30 year notes to 1st position HELOC's, and move to the velocity banking / paycheck parking strategy, with the focus on paying down the ...
At a meet up last week this old man was very hot on the subject. Everyone needs to know about it, everyone needs to use this strategy.. later to find out he works for RENATUS. Anyone have any experience or anything to...
Hello,Can anyone let me know if PNC bank HELOC allows velocity banking.Is there any fees or restrictions transferring money from HELOC to checking account multiple times during the month.
Looking for opinions from borrowers on : Do you see value in a business that creates a static loan profile updated real-time by IRS, credit bureaus and banks for the purpose of increasing the velocity of funded loans...