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Just finished writing out our business plan. Please take a look and let me know what you think. Missing anything? Any suggestions? This plan will be sent to prospective Equity Partners within the next week, any input...
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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 spec...
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Hello Investors, I jut got to the bank for my mortgage pre-approval to see how much I am qualified for. And to my surprise as with the new rules, they do the stress test or qualify at 5.14% interest rate and looking a...
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I am a first time investor with a property that will be rented in a few days. I joined this site and I am very exited about the amount of information as well as the knowledge people have here.
After reading about fix...
Hello, new member here. Looking to get into some small multi-family as soon as possible. Just got into a new job 6-7months ago(in real-estate Acquisitions for off-market deals) and therefore would likely have to wait ...
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My mother passed away 2 years ago, I finally got the estate closed out and got my name on the title. The mortgage I am still paying is still in my mother's name but it has a HAMP incentive, so next year it will be fin...
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After just going through my 2013 taxes and now looking ahead to 2014 I have a question about repair vs improvement in the eyes of the IRS. At what point does a repair become an improvement?
I know that if yo...
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I know everyone talks about lenders wanting seasoned MFH that is rented for 6-12 months before refinancing; however, are there rules of thumb for cash out financing/home equity loan on a cash purchase SFH? Looking at ...
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Hi!
One thing I run into often are borrowers who are looking for loans based purely on the After Repair Value of a Fix and Flip investment. Because of common marketing strategies by the industry, their expectation is...
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I have a property I own free and clear and want to do a cash out refi for around 40k. Should appraise for around 60k I am past the 6 month seasoning period. I have found a local lender that can do it but the closing c...