My wife and I are fairly new to real estate investing. We purchased our first rental last November. We are interested in purchasing another property, but considering using taking out a HELOC from the investment rental...
Hey there... I am trying to head off a potential family meltdown and hoping someone can give me some good advice. My parents personally own a piece of commercial property in Orlando FL and they also own the business t...
I have a house I recently purchased that I am renovating to resale. I also have an individual that is wanting to invest 10k to help with renovations. What is the normal collateral on my end? I really don't have any...
I am in process of setting up LLCs to begin the process of getting properties transferred over and out of my personal name. I have 7 investment properties with 1 of those commercial. I setup three entities a resident...
I have 8 separate 5 yr fixed rate mortgages (and P.notes) that the same bank (in Wisconsin) has made to two of my LLC's and secured each loan on a separate property. I personally g/tee these loans.
Rates have moved ...
This thread is inspired by an ongoing debate: Possible to grow without debt?My question isn't whether I should use debt or not - it's how to know when I am over-leveraged. I know there is a degree of personal "feel" t...
I am acquiring an assisted living home (RE+business).
RE appraised for $1,320,000
Business for $80k.
I have the RE portion already financed through banks but am needing $80k for the business to get the deal done.
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I own a .55 acre building lot on the back 9 of a golf course worth $125,000 I would like to know if I could barrow against that property somehow and use that money to invest in a triplex or multi unit property as a b...
For the following information I give full credit to Jimmy Napier, the most creative real estate mind I ever met. His book “Invest in Debt” written over 45 years ago is the standard for understanding real estate note i...
I have a question for anybody willing to help me relating to Brandon Turner’s book ( How to invest in Real Estate with No and Low money down). Rich gets a short term $75,000 loan from his friend to purchase a property...