Marty Hyland
Matching Financing to the Type of Purchase
Hey Everyone,So I've talked with a few lenders, and one approved me for a line of credit against my home, I've got about $200k in equity in the house. What I'm wondering, and some lenders haven't been able to clarify,...
Jeff Miller
Trying to be creative.
So here is my Idea, maybe someone can tell me if it is a good one, or not.I have a MTG on my current home, we have approx 40k in equity. I just inherited a 2 BR 1 Bath in Ogden,UT. It needs a little work to be rent re...
Johnny Self
$100k in primary home equity and $30k privatey saved–how should I invest it?
Hey everyone,I bought my loft in 2021 and did some renovations to it over the last 2 years. With the property value + renovations, I'm estimating my appraisal that I just ordered will put me between $75,000-$100,000 i...
Olga Ford
Heirs to family home want to sell, non heirs want to keep it
Hello, A deceased family member left the equity of her home to her children(heirs). The house still has a mortgage, they want to sell to get their equityGrandchildren want to keep the home and take over payments. Heir...
Matt C.
Subject To Question - How to Pay for Difference in Purchase Price
I have searched on the forums and couldn't quite find the answer to my question.I am looking at property where the seller is open to the idea of a sub 2.Here are the numbers:ARV - $600kLoan Balance - $300kPrice - $450...
William Huston
60% Heloc ReRoll Strat: Is this real? Downsides?
Hello All, Monday night i went to a RE investing meeting and one of the speakers brought up something i had never heard of before, i know a little about HELOC's, just never used one before... but this idea he brought ...
Timothy Burnes
Is it a good deal? Pittsfield ma rental property
Hello All,
I am an inspiring investor and I think I've found a deal but I'm not really sure. I had a deal to buy a 2 family house sight unseen for 120k and 130k after closing costs in a nicer part of pittsfield mass...
Tim Rector
Where to keep cash when not tied up in a private lending deal?
I am starting out as a private lender for home flips. It may take 1-2 months to find a suitable home which meets all criteria based on my deal finders feedback. In the meantime my cash is sitting in my savings account...
Corey Dickens
Non-Commercial Multifamily Refinance Question
I have a question about multifamily properties below 5 units. Is the property assessment for cash out refinance looked at from a residential perspective or as a true multifamily perspective? The level in equity is v...
Ben Wagner
Entity structure for scaling rentals and flips
I'm curious how some of you structure your businesses. We're looking to create an entity structure that will support owning 100+ rentals and doing 30+ flips/yr with a handful of staff members.Right now we're thinking ...