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Hi everyone. This is my first post. I love the site so far! I'll try to keep this short.
My question regards leverage. I own two properties, a SFH and a 5-plex. I'd like to continue buying properties (my goal is 2 p...
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I bought a SFR from a trust that buys Tax Lien properties. They quit claimed the tax deed to me. I have had it for a year and rented for 8 months. I'm trying to figure out how to present it to a loan officer so I...
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For those of you who use HELOCs for leverage to buy more properties, what reason do you give on the HELOC application? My application asks specifically what home improvements I'm using the HELOC for and asks for writt...
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Assuming the employer matches 100% of the amount contributed. Knowing that a traditional tax-deferred 401k allows me to borrow up to half of investment dollars (that inclusive of company match funds), or up to $50k, a...
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I'm looking for a deal for my first flip, my lender tells me, won't give the loan unless he makes sure the deal I'm getting in to is good, also saids once we buy the property he will provide funding as the project is ...
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So I inherited a property, and I live there now. How should I use this property to gain more property? My goals are to cash flow and gain equity in the next 5 years.
I have a c-Corp in CA with income producing rental assets of $1M free and clear. How can I leverage this to purchase rentals in GA without using my personal finances? I want to purchase 2-4 duplexes with 30% down and ...
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I have a client who has reached out with this question and I thought I'd put it out here for ideas. The client wishes to purchase properties with cash offers. They currently have $75,000 in cash but wish to leverage...
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hello BP! I was just wondering if it is possible to be able to leverage a property without a heloc or refinance to get capital for down payment for next investment property? Maybe something like collateral?
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November last year, I bought a vacant 9 unit for $210k, put in $40k to renovate and after fully leased, it appraised for $440k. In April, I pulled out 80% or $318k and used $200k to pay off the private loan of the 9 u...