I have a little over $200K in equity in my personal residence and I'm looking for the best strategy to get my first rental. I'm considering selling my home and using the equity left over to house hack a duplex and pur...
Hi everyone, one of my main search criteria i have to find my first few triplex in Providence or close by is - buy with a 10 to 20% built in equity (off market), my question is;is this reasonable for providence? Can i...
Hi, I hope you’re doing well!What are some ways to purchase a property with built in equity, paying less than its worth.For example, let’s say you get a loan for $200,000. When the property get appraised, from my unde...
Hi!
I would love to get the ball rolling on investments- either fix/flip or rental units. Here Is our scenario:
We live in Southern California in a historical home (almost zero property tax) and very well protected ...
I have a house that I bought to flip in Durham, NC back in January and ran out of money to finish the renovations. Pretty much all of interior was done minus some paint touch ups, an interior door that needs replacing...
Anyone know of any banks with HELOC products available? I have reached out several banks, to no avail. I live in Florida, the properties I want to draw equity from are in Utah, and I want to reinvest in Florida. The f...
Hey all;I was driving for dollars today and i noticed what seem to be a distressed property. i took down the address and went to my county's tax assessor's office website to see if its an absentee owner. it turns out ...
I bought a property with a detached shop on a USDA 0% loan for $198k last year. Mortgage is $1200, renters pay $1400 for a 3bd / 1ba, 1364sqft house. I turned the 500sqft shop into a livable space for myself. I borrow...
So I was running a business and it just did not produce the results I was expecting, and thus I am liquidating everything. I am also about to close on a HUD home I am buying for cash as an owner occupant which I will ...
I have a $115 loan at 2.25% on a 15 year note. The home is valued around $300k. I’m tempted to do a cash out refi. I can cash out refi $100k to a 30 year at 7% but lose cash flow and break even. I want to reinvest the...