Patrick M.
HELOC with Variable Rate
We have 50k cash available for down payment and own a property free and clear so would like to make use of a HELOC either for additional down payment, Reno's OR if we have all our cash tied up in a down payment using ...
Joshuam R.
Holy H.E.L.O.C. Batman! Que es esto! REVISED
This is my question, I am looking at these two products, what are your thoughts?Fixed-Rate Equity Loan
The best part about our Fixed-Rate Equity Loan is stability. This is a great option if you’re in need of a specif...
Tequila Lamar
Is this a good hard money loan?
Hello! I received the follow terms for a hard money loan. Is this a good deal?It's for a full rehab of a duplex. 3 beds and 1 bath in each unit. $400,000 ARV.Total Loan Commitment: $295,000 Interest Rate: 11 %Initial ...
Walter Wintermute
Withdraw from 401K or Roth 401K to pay off Rental Property
Hello,I am 62 and nearing retirement. I have a remaining rental property with a $120 K mortgage. Unfortunately, this property has a variable interest rate that is currently 6.5 %. Reviewing my 401K over the past 5 yea...
Chris Stromdahl
Money Market Accounts?
Does anyone have experience with Money Market Accounts and the companies that provide them?The rates they provide are supposed to be better than the private banks and credit unions.
Nova T.
Private Lender only wants 5% interest?? Is this common?
Hi everyone,I’m currently raising private funding for real estate and I came across a lender who only charges 5% interest. Here are his other loan terms: 100% financing on purchase price and rehab Interest rate 5% Fun...
Mike Zitomer
Anyone have experience working with Simm Capital?
They are offering a syndication fund for section 8 housing paying 9% dividends and 60% annual profit sharing of cash flowing properties in the portfolio. Trying to do some more due diligence here.
Zach Whitt
50/50 Partnership Split with a Management Fee
I know this has been asked, but I have a few important variables (management fee, inexperience)
This is a buy and hold single family home(s) partnership.
I have a partner who invest only cash, and I will do the work...
Kelly Williams
Rental income towards mortgage or somewhere else?
Hi. I am curious if you buy and hold landlords put more money on your mortgage payments, or somewhere else. I am talking about cash flow. After all expenses, say a property is producing $400 monthly cash flow. The...
Valerie Buss
To hold or ground or back down
This is a WWYD situation:We were contacted by a potential tenant whose rental costs would be covered by an insurance adjusting company (referred to as XYZ Company) due to loss in a natural disaster. XYZ asked over the...