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I own a triplex free and clear in Cleveland OH (about 50k value) and i like to get a loan against it so i can have money for my next deal. Any advice who can offer small loan for this? Thanks
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Let’s say you use $50,000 on a HELOC to buy a property and use it as a Buy and Hold. Won’t it take years before you can get that $50,000 back from monthly rental income and repeat the process?
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Hey BP,Had a question, which I have asked my Broker. (awaiting response...) But wanted to get your thoughts of the advantages of being an agent for flips from a "commission savings" standpoint.Assuming I can use my li...
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I'm considering starting a series LLC in Texas for our small investment company. Thoughts?
I am looking to purchase a bank owned property here in NJ. It's ARV is $325-340k, the bank was asking $234,000 originally and is now $199,990 (reduced 35k after septic failed). it needs 120-140k in necessary renovatio...
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My wife and I are new investors who only own a couple doors.We currently rent and had planned to buy a primary residence during this time. Covid obviously changed all that and the combination of an insane sellers-mark...
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Hello Fellow Investors,I am interested in utilizing a Self Directed IRA to invest in flip. An associate is purchasing the property in her name and I would simply like to invest in this single project. Will someone p...
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Aloha everyone, Hoping to get a better understanding of how to address a current situation that has come up several times. Houses are listed on MLS as a short sale. When I start digging up info as far as owners, w...
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Forgive me if this has been asked before - Can a seller add his own money to the money made at sale of a property to pay off a mortgage balance? Say the balance is 43k and I buy the house for 38k - can't the seller ju...