the 3 family arv about 375.000 when finished with repairs of about 46.000 no money down he will hold mortgage wants 270.000 trying to figure if this is a good deal
Hello,I have been researching HELOC and was given the below terms. I just don’t know which one to choose as all the options appear to be great. I am leaning towards the option that gives me the most amount (167k) but ...
Hello BiggerPockets Community!I apologize in advance if this topic has already been discussed but I was unable to find it. I have a tenant who moved out of one of my rental units in Bellevue, WA, in July 2021. He st...
I'm probably overthinking this but I'm trained as an engineer so there is precedent for this kind of behavior.I've read a bunch of descriptions of private money lending and I want to make sure I understand the details...
I found myself in around $35,000 of debt and every penny I earned just paid interest on my credit cards, forcing me to start borrowing to live each month. It began almost as soon as I turned 18 when I received a pre-a...
Hello. I am in the process of securing a HELOC and renting my current home out. I will be purchasing a second property within the next 3-4 years. How do HELOC's impact the purchasing power of a new home? I imagine...
My wife and I are applying for a 100K HELOC (Home Equity Line of Credit) as a potential funding source for down payments/Rehab costs. We have not purchased any buy, rehab, and hold properties yet, but that is our goa...
Hi all! I am close to purchasing a property in upstate New York with a friend. We are planning on employing the BRRRR strategy and want to outline what our plan is for generating capital for the down payment of our ne...
I apologize for reposting what is probably the same question. My small brain needs to apply the rent to own/lease purchase of my specific situation in order for me to understand it. I have a rental property that was n...
Greetings! Anyone have ideas on how to continue investing when your money is tied up in a commercial real estate deal?Lender said I can’t dip into our equity for a minimum of 12 months. Suggestions?Thanks!