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Hi, What happens to a HELOC if the property you took it out on, you move? I have a home I used to live in, with a line of credit, but I will rent it out instead, and buy a new house to live in as owner occupied.thanks!
The Daily, the NY Times Podcast - discusses the recent NAR bombshell decision that rocked the real estate world.BTW - Did you know that the NAR owns the company that makes the lock boxes that agents use every day? Did...
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can I consider real estate investors as hard money lender?
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I am an investor located in Michigan and in the process of developing a business plan but am struggling to figure out how to set up my LLCs with scalability in mind. Below is a rough outline for both a buy/hold and fl...
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I need some clarification on the 1% rule for value add buy and holds.Is the 1% a percentage of the purchase price of the property or of the total costs involved e.g the purchase and rehab?
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I got approached by two people that I trust but they are not able to buy house on their own. I want to help , and I heard rent to own is a good way to do this. Any advices? Thanks! Sammie
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hello everyone!!! I'm a college student trying to understand the front door and back door approach theory and how to calculate them. I am a baby in this. If you can help me please explain things to me as simply as you...
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Good afternoon. I'm seeking advice on how to best to split profits on joint ventures, given the following roles/abilities:Me: finance dealsPartner: rehab the propertiesWe both have the ability to find deals and sell ...
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Greetings and Happy New Year! When it is time for a lease renewal, how do you decide whether to write another complete lease or simply a 1-page lease extension that refers to the original?
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Just wondering what the tax implications are of paying a partner/contractor who is a non-owner a premium for the work done with a flip? There is no legal partnership formed or LLC, but should there be? I do realize it...