So I don't really understand the whole Refi and HELOC situation... I have a few questions.What are interest rates usually like compared to traditional residential mortgages?What is the difference between refi and helo...
I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
Hey BP!Prospective investor here. I'm right at the beginning of my journey in REI! I've gotten some great advice so far and am thrilled to have you all as a resource. One of the best pieces of advice I have gotten so ...
Hi all -I'm evaluating a short sale with the intention to BRRRR it. I'm currently "house hacking" a 4-plex. This would be my first short sale and BRRRR. I could use some help checking my numbers / plan...Property deta...
Hi, everyone. I got a mailer recently from a company (that I don't want to be accused of promoting) which offers to give you an equity loan with zero percent interest and no monthly payments. I was dubious to say the ...
I've been reading a lot lately about investing in real estate. I'm considering transitioning the bond allocation in my portfolio to real estate if I can get a 10% net return on my investment.
My big concern is that I...
Hello all! So i decided on getting a HELCO because I want to get my first investment property and I have equity in my primary residence I live in now. Basically i spoke to TD Bank today and agreed on terms, but I have...
FolksMy seller isn't acting in good faith on this SFM property in a NYC borough I'm trying to buy. There is a provision in the title where she can cancel contract if it's over $500 and it's about $5000 but I've agreed...
WTH!
While working a potential offer on a property, a suggestion to my agent prompted this response from him:
[i]
While it sounds like a good idea the law prohibits the marketing of properties for sale or lease unle...
Hello, all.I generally let my accountant do his thing, but I try to understand the ins and outs of taxes for my own benefit as well. I understand the concept of depreciation on a home over 27.5 years as an expense tha...