What is my next move? These properties are in an LLC. I have a 140k line of credit as well. I do not want personal loans, how do I situate this to purchase my next property?
1st property-paid off
Value 190k/rented n...
Made an offer to purchase a home in Charlotte NC. Seller disclosed there were no existing problems with the plumbing, water heater, water supply, sewer etc. The home inspection showed there were problems with the pl...
I purchased a duplex a few months ago with existing tenants, the lower unit tenant was not on a lease and is currently several months behind on rent, not related to covid. Water backed up in that unit this week and th...
Hi everyone! I’m looking for advice/strategies on how to use a 950k line of credit that is provided to me through my bank. This is due to the assets they currently manage in my behalf. I’d really like to utilize this ...
We are looking at buying a new house and renting ours out. We have equity lines in form of refinanced mortgages on our rentals from which we could draw for the 20% down payment or could use funds from our line of cred...
So I have been studying the strategy of rehabbing for almost a year and half while we built credit scores and retired debt to increase our debt to income. I've been actively looking for houses and running analysis on ...
When I started as a real property investor in 1978, we found “deals” or at least leads, advice, resources, etc. by attending in person networking events. Through the years I successfully raised capital for syndicatio...
When you subtract the costs for the repairs/rehab , where does the money for the repairs come from.... Does it come out of your own pocket or do you add the costs to your loan ? Thanks everyone Hope everyone has a g...
I have purchased 6 properties in the last few years and held them as long term rentals. I purchase the properties and fix them up using a line of credit and then refinance them paying off the credit line. I bought a p...
Alright trusted and respected BP family... I apologize in advance for the length of this. I just realized exactly how long it is. Much appreciation for anyone who actually reads this mini-novel and has advice to of...