Is it wise to take a HELOC on my primary home to for the downpayment for a short term rental property? I would have the HELOC as well as mortgage to pay. What are the pros and cons to this approach?The HELOC would be ...
Greetings, thank you for your time and attention. I'm coming here with humility to ask for your perspective because I don't have any. I'm giving you my questions first just in case you don't want to read the whole po...
Hi All,I am new to RE investing. We recently moved out of our first home in Lehi and bought two new properties in American Fork. One home is our primary residence (that we already live in) and the other is our first r...
Hi,I'm fairly new to BP and at the very beginning of my Out-of-State investment journey based in the Bay Area California. I have been considering Phoenix, AZ and Denver,CO as my options so far. I have compared populat...
I'm new here but already learning a ton. Here's my situation.-We bought a 2bed/2bath SFH in San Francisco in 2011 for $600K which has appreciated to around $1.3M or so. We have a $490K mortgage (3.5% fixed) and a $140...
I need Property Managers, Business Brokers and Lenders to give their opinion on this strategy, please.I'm working with a large Business Brokerage firm to put this deal together and my broker tells me is totally doable...
Mike Simmons is an important part of our 7 Figure Flipping team. He also has been a part of a successful business partnership for many years now. However, it wasn’t his first or even his second or third partnership....
My wife and I differ on this. She wants to pay off each house and I'd rather use our cash to purchase more property. Example She has 50K and can pay off two of our houses which will of course increase our cash f...
Hey all!So I have been doing a lot of analysis lately on possible SFH in the area to buy and hold. I do not plan to pay someone to manage my properties anytime in the near or even somewhat distant future. When I tak...
I am going thru a divorce and will end up with a chunk of change. I have heard that real estate investing is a good thing to do. My goals are to buy at the low end several properties and have them rented out and manag...