I have a 4 unit that I am interested in making an offer on. I am talking to 2 hard money lenders. With all of the fees and down payments they are requiring, why wouldn't I just go to a conventional mortgage lender. I ...
If you had 40K to work with, needed a place to live, and wanted to start investing in RE, how would you do it? My wife and I need a place to live (obviously) and want to begin investing with something ideal for beginn...
What is the best way to realize equity in a portfolio? Are lines of credit available? What if borrower had marginal credit? Looking for a way to realize a small portion of global equity in portfolio quickly, to have...
Hi Everyone,
I've searched through alot of the materials in the forums on this subject and everything that I found was for transferring properties to an LLC that have a loan or mortgage. What about if I own t...
Looking to start my journey into investing! I have my eyes on a 2 unit Multifamily unit. We weren't sure if we should go with a conventional mortgage and get an umbrella insurance OR go to commercial loans with higher...
Long story short, just looking for some advice from my bigger pockets family. I am a rather new investor and i currently own a duplex in what i would consider a more expensive market 250+, (I know there are more expe...
Hi all, I’m in a dilemma with 2 choices:
Either get a conventional loan w/ 5% down payment and get a residential place or buy a cheaper rental property in another state that flows more cash. even though the former ch...
Hi everyone,My name is Justin and I recently moved to London from NYC. However now I am looking to invest back in the US. I have reached out to a few personal connections (mortgage brokers, loan officers, etc.) and ha...
I am a home builder operating as an S-corp. I am currently living in a house that I built that didnt sell. I am paying the construction loan payment with company money for tax purposes ( im sure if they knew I was liv...
I was wondering if there is a difference between the mortgage interest deduction on my home resident vs mortgage deduction on my rental property.I am trying to increase monthly cash flow by using the equity in my prop...