What is the difference between a home equity line of credit and a home equity loan? I know that both are secured loans, putting up your home as collateral for the money you borrow. But what's the difference?

Hello Bigger pocketsI am reading the above mentioned book and I am having a hard time understanding a scenario the author describes. The following is verbatim:" Imagine a property costs $100,000 and that the rental in...

Ok here's my situation, I am  24 years old living in Alaska. A couple months ago I used  the money I got from an inheritance to buy my first condo cash outright for about 120k.  Now I am interested in eventually renti...

Hello, I'm new to all of this and in April purchased a mobile home park that was full.  I grandfathered in all the tenants and they all signed my lease except for one odd exception.  The original tenant of one unit wa...

Wondering if there are any set of conditions under which it’s possible to use tax deferred proceeds to rehab the newly acquired property. I hadn’t come across anyways of doing this, so assume the answer is no, but wan...

Hello BP community. I'm looking for wisdom or advice on how to remove a tenant with limited damage to the property and return on investment. To give a little back ground the apartment is part of a duplex that I curren...

I got the email from RYM below, apologies for pasting the email in entirety but i think this might help others and others can understand the context
iam just 1 year into my owner occupied mortgage. I am trying to acc...

I am exploring the idea of buying land, with the plan to pass it down through family.  Has anyone done this? I know this may be an individual decision ultimately, but what types of land did you purchase, or what regio...

I'm new to Bigger Pockets and in need of financing advice/direction with regard to purchase of a fixer house, on which I have a purchase and sale agreement. Built in 1890, the home has seen little remodeling and so re...

Hey BP,I'm looking to get some advice and direction about buying properties in Belize. I like Belize because it's English speaking, much of their economy is tied to the US, development, and the increase of advertising...