I'd like some feedback on a non-typical cash reserves idea using HELOC on investment property.Goal: maintain $40,000 in cash reservesOption 1: Deposit into bank money market for ~ 2.3%Option 2: Purchase $120,000 SF...
Hi All,
I was wondering if anyone can share a methodology for scoring a neighborhood? I'm trying to narrow down the best locations to invest in before looking at properties. I'm interested in cashflow and capital gro...
Good day, BP Team. I have a question about accessing equity I have built over tie in rental properties I currently have in a buy and hold strategy.
Background:
I own four rental properties that I am interested in d...
I found that US Bank offers personal lines of credit for $5k-$20k at 10% interest with no annual fee.I figured it wouldn't be a bad idea to have access to this for a rehab overage, black swan event, etc.Does anyone kn...
My wife and I have been interested in getting into RE investing, and we have an opportunity where friends of ours are selling their rental property in the Sugarloaf/Saddleback area of Maine (they have access to better...
Hi everyone,I am looking at trying to access to bigger line of credit (currently only have a 30k one) and I remember reading a post from @Brianne H. in which she said she booked appointment with as many banks and cred...
Question #2, am I allowed to enter into a contract for a 3 unit property in my own personal name and my (solely owned) LLC?Reason being I am currently purchasing with a HML and would like to refinance In 6 months. I w...
What is the best public website out there that is comparable to MLS access that one can use to look for properties if they don’t have MLS access? I want to also know what to to look for on a website in order to know ...
https://property-pool.com/posts/crowdinvesting/27/...Does anyone know much about this operation? Anyone have experience with this investment strategy? I don't understand enough about it to know what questions I shou...
I understand the fact that my money is worth more now than in the future and will be rehabbing the property (BRRRR). I plan to cash-out-refi the property in 12 months after the rehab. Would like to get my my money bac...