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Ok so I did my first brrr - 2 r left.... Ok so I used a HELOC from my CA home interest rate 5.9 ten year for down and rehab. So I purchased and rehabbed with all bank's money. 30 fixed 5.5 / HELOC 5.9 -10year. I have ...
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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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We own 16 condos in a complex in Santa Fe, NM. We have the opportunity to buy 15 more using seller financing at 10% down with the rest amortized over 30 years at around 6%. We are negotiating each of these terms.The 1...
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I have a friend in a tough spot right now. We live in New Jersey and my friend recently purchased a property in Indianapolis, Indiana through Clayton Morris' company called Morris Invest. the rehab is not going well a...
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I'm helping a friend sell a house. He bought this property in 2008 and rented it to someone he felt he needed to help. The tenant has been living there ever since. Turns our he's a bad tenant (surprise? no.). My frien...
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Hello, I'm currently a full-time undergrad in Toronto, Canada. I'm a newbie in real estate and I have no properties (yet). Last week I heard about House Hacking and I'm in love with the idea of being paid for living i...
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I am looking for a Portfolio lender for my rental properties.I am a remodeling contractor and have been doing flips for a while as well.I don't like selling my flips.I like to flip them to myself as rentals...I buy gr...
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We manage a property in Gatlinburg Falls, and the internet has been down for over a week now. I've logged over 30 hours of phone time with their "management" trying to resolve the issue. These people are the lowest ...
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Hello everyone! I'm relatively new to the platform, but I wanted to make a quick post about the rental market in the Greater Seattle area. It is INCREDIBLY hot right now. Some friends of mine were recently looking for...
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I am about to start my first flip, and am having problems approaching banks for a reno/rehab loan. Do you tend to go in armed with sketches and blueprints? What kind of presentation do you use when trying to get fundi...