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Capital Projects: Save or Wing it?
Do you pro-actively save for major projects (new roof, new HVAC, new water heater, etc)? Or, do you sort of wing it and hope for the best, knowing that you'll probably have enough cash on hand to cover something li...
John Currey
Should you fund a hard money deal with heloc?
my wife and I just bought a house and it appraised for 43k over what we're buying it for at closing. we are in the process of renovating that house so hopefully we can increase that value even further. I've been look...
Greg W.
can I leverage 35% equity?
Yesterday I finally closed on a blanket loan for 6 properties at 65% ltv and cashed out on some equity. My question is, is there a way/what are the options of leveraging the 35% equity in properties, so that I'm able ...
Matt Wells
Need title insurance if purchase a home by LOC and want to BRRRR?
If I purchase a home with a line of credit and plan on doing a BRRRR, do I need to purchase title insurance when I purchase the house, or should I not buy title insurance because I will have to buy title insurance whe...
Ben Schembri
use home equity loan to fund buy and hold long term strategy
Basic strategy I am contemplating is buying a SFR outright to rent out. Then take a equity line on this for 60% LTV and purchase an additonal foreclosed SFR to rent out. Then use both rental incomes to pay off the equ...
Brian Jones
Borrowing within an LLC
I have a credit issue which I am working on but will take some time. In the meantime I have access to a 150k line of credit that is interest only for 1 year. My question is can I buy a house cash with the Line of cred...
Melanie Parkham
Sewer Inspections- Northern Utah
I work for my sister and brother-in-laws construction Company (we do sewer inspections & replacements) and would love to know how many investors actually go through with the sewer inspections in addition to the re...
Sang Ji
How to take the equity out of an investment property
Hello there,
I have a quick question about how to get the equity out of my investment property.
I have a single family house that I’ve been renting longterm in Atlanta, Georgia.
Bought it at $180K and paid off abo...
Adam Craig
Options for getting more than 10 mortgages
I am approaching my 10 max Fannie/Freddie mortgage mark. From the research I have done it looks like my only options are to find a portfolio lender which I have had a hard time doing OR you can get commercial loans...
Shaun Draughn
Building business credit!
Hello everybody , I am currently in the early stages of building business credit & business Capitol (for my flips) and in doing so I know a lot of times you have to have these lines personally guaranteed due to la...