Michinori Kaneko
cashout refi vs HELOC on investment property
Hi all,There was a property i was hoping to perform a BRRRR strategy, but realized rent is not high enough to support mortgage on 75% LTV to yield enough positive cashflow after cashout refi. the cashflow is like $30...
Dan C.
Purchasing a home through contract from a family member
Hello - I'm in the process of purchasing my first Single Family Investment property and I have a few questions as to how to go through with the purchase -- My Father has offered to be the bank as I don't have 25% down...
Bily Elliott
401K loan
I plan on calling my 401K company first thing Monday morning, but I was wondering if anyone on here had any experience with 401K loans? There is a property for sale in my neighborhood, 3 bed, 2 bath, 1000 sq ft fo...
Yuuj V.
401(K) Loan To Buy Into Syndication or Equity Fund
Hello Hivemind!I'm hoping someone can lend me a hand on this math problem...HYPOTHETICAL: I have a $100,000 401(k) account. I can take a loan for $50,000, with a payback period of 5 years and interest rate +1 point ab...
Abby Jenkins
Is this a good BRRRR deal?
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Ryan Ahlgrim
Business Line of Credit
I’m planning to do some buy and hold investing in 2014 and am looking to use a business line of credit for my down payments when purchasing new properties. Depending on the lender, they will require a 10% - 20% dow...
Brittney Wright
HELOC for Investment Property
Hi, All!
I just applied for a HELOC with my credit union that is offering a 5 year draw, 15 year repayment at a 5.49% fixed rate. 4.99% fixed rate for a 10 year repayment. I went ahead with the 15 year repayment. Thi...
Vaughan Moody
Calculator available to show mortgage term reduction ?
Can anyone point me towards an online calculator that will show how much sooner we would pay off our mortgage if we divided our monthly repayment amount by two and paid that amount (half of a monthly amount) every two...
Brendan August
CARES Act 401k Loans
Hey everybody, I was just wondering if anybody has made use of the the CARES Act to withdraw money penalty free from their retirement accounts? I understand that you still have to pay taxes on the amount but you can s...
Kumar Gaurav
Converting personal loan to LLC, Possible?
Hello,Is it possible to transfer an owner occupied multi family home ownership to an LLC and eventually personal loan to an LLC loan?Is there any value going through this exerciseif the landlord ends up being the guar...