I recently looked at a property that I think could be a good flip/BRRRR but unfortunately don't have the capital to do it myself. It needs quite a large rehab but the guy wants it's gone ASAP as it's an estate sale an...
Hello, so I’m wondering the what’s the best way to pull from my equity to buy another property. So I have a current mortgage of 280k and my property is worth somewhere in the mid to high 400’s. So here’s my questions....
Every HML will work somewhat different but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION FEE. This is a sign of a possible scam.
2) Look for ...
Need feedback please. After the rehab is done on a property and the tenant moves in, I have gone back to my loan officer and refi using a HELOC. Is this the best method or just do a simple cash out refi ??? I don’t...
I have found a property that has a perfect location and I just need to do the rehab for this property that I am sure will be super lucrative but the location also makes it a prime if I just wanted to do a traditional ...
Question 1: Does $4698 for materials and labor to prepare my house for a hot tub seem in line?
Question 2: Any 4-5 person narrow hot tub recs to speed up the process? I've been stalking the forum posts to narrow dow...
I own a duplex and have a tenant moving out. While performing a walkthrough I noticed the tenant that lives in the other side had cable installed (perfectly fine) however, the cable line is sticking straight out of th...
Hello - i have a 1br 1 ba STR and the refrigerator is not hooked up to the water line so the water dispenser does not work. I do not want to pay a plumber to do the plumbing for this work. Should I provide my guests ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rock Island.
Purchase price: $105,000
Cash invested: $105,000
I purchased a duplex with the BRRR strategy. Purchase and re...
Good morning, wondering why my co-worker is paying $700 in interest only payments but has been told that he can't take out any money from his $130,000 Home Equity Line Of Credit (HELOC). Don't you only need to pay on ...