Tony Thompson
Using Equity to Reinvest
Had a few thoughts about using equity to reinvest.
1) Is it a good idea to reinvest equity from one property to purchase another? Generally I see this as getting your money (equity) to work harder.
2) Is there a ...
Adam Craig
Need help on final steps of first deal.
I am purchasing a foreclosure that has been accepted for 50K pending inspection. I was able to get the electric and gas turned on but the water company is being difficult -
First, there is no water meter in the base...
Maurice Caulk
Renovation money
Hello, I'm actively look for my first rental property now and I've noticed that most of the houses I go to needs a little TLC. My question is, what's the best way to come up with renovation funds (ex. the money to fix...
Cj W.
100k in Cash to Obtain a 225k line of credit to Flip from lenders
Hello BP,I currently have about 115k that I have been turning over and over flipping 3 homes a year. I want to double that number. Im a realtor that's good at finding deals I just need more capital to do two houses...
Steven Cherry
Estimating repairs of flip
Hi all! I’m looking at purchasing a flip. Purchased my first rental about a year ago but no good experience with a fix n flip. I want to purchase this property, but need the most efficient way of estimating renovat...
Benjamin Kruah
Duture investor with DTI questions
Hello all and thanks in advance. I recently purchased a SFH last year and my DTI is currently at 24%. I'm looking to purchase a multi next year but after adding the .75% of projected rental income my DTI will be at 41...
Marc Dufour
Using Equity Line of Credit for more REI?
Here is my situation:
I live in northern CA. I own 3 properties and live in 1 of them.
Property 1: value $1.1M, debt = $700K
Property 2: value $750K, debt = $400K
Property 3: value $500K, de...
Michael Opdyke
Line of Credit as Buyer on Installment Sale
I am trying to figure out if it is possible to get a commercial line of credit on an apartment building that is purchased through a 100% seller financed installment sale. I know that as the buyer it would be in my bes...
Jerry Johnson
package deal and personal home
Would you consider a equity loan out on your personal home or Credit line. to invest in a great purchase deal? 4 investment properties move in ready . Fair market Value between all 4 single family properties are betwe...
Jerry Johnson
whole sale package deal 4 properties
Would you consider a equity loan out on your personal home or Credit line. to invest in a great purchase deal? 4 investment properties move in ready . Fair market Value between all 4 single family properties are betwe...