Currently in contract. I'm putting 25% down on an $850K multi family. When all is said and done will I be able to take a heloc out on the property? Considering I will own at least 25% of the property. I want to make s...
Hello everybody my name is Kim Douglas and I have a question about a potential deal. I am a new real estate investor and I have someone bring a situation to me regarding a house they want to buy that I'm not sure if I...
I was researching alternative financing options and stumbled upon Home Equity Investors. Basically they will give you a loan based on you home's current value for a share of your home's value. This doesn't appear as a...
Hey GuysBrand new here I was wondering if you’d be willing to answer a couple questions me and my wife have, about our finances and if we’re in a position to get into real estate. We feel like we are, but we’ve been d...
We got a promotional offer through our credit cards for 1.99% and 3.99% APR for the life of the loan if we take advantage of it by March 1. My thinking is that's cheap money and I could turn it into some good returns ...
Hi All,My wife and I just found an amazing deal. We've been scouring deals for ~2 years now and this is the first one that meets my personal requirements (ie. cash flow >$100/mo/unit and 4 units). However, my wif...
2 questions:1. Does your 1031 exchange have to cover the whole down payment of a property? For example if my profit from a sale is 50k but I need 100k for a down payment for the next property can I bring in the remain...
What income is counted for a mortgage? And how much could I get? Say, if our income is $300 a month?Or $2,000?Thank you!
Hello all,I am in the process of doing a cash out refinance. In this process, I would be losing $200 of cashflow to pull out roughly $35K. The property would still be cashflow positive with the lose of the $200. A y...
I recently transferred my Traditional IRA to a SD IRA Custodian. I haven't invested with it yet and this would be my first deal under IRA. I have an opportunity to go into a J/V on a 21 Unit apartment deal. The num...