I'm trying to wrap my head around whether a HELOC is a good idea for an investment property. I applied for a HELOC and got a "counter offer" for a HELOC - Interest Only. Is this a good strategy to use for making dow...
http://justaskbenwhy.com/2015/10/28/how-much-does-...I read @Ben Leybovich 's article today. It's obviously a bleak picture being painted in the article, but that's the reality of evictions. This may be naivety on my ...
It is tough to give an ARV when the calculator requires it when there is none to be found.
I am using the MLS trying to find this info. I write in all the blocks around the subject property within 1 mile radius. I wo...
I recently sold an investment property into a 1031 exchange and looking at replacements. I have a few options and would like get thoughts:1. Retail (essential) DST with ExchangeRight that has 5% cash on cash return an...
Hello friends,Has anyone had success obtaining approval for unsecured personal LOC for property investment purposes (down payment/rehab) in the Indy area? If so, what banks/credit unions have used, rates, terms, etc.?...
Getting ready to maybe buy my first duplex. My question is I have about a 100,000 dollars to work with. The duplex I’m thinking of buying is 135,000. I am wondering the best way to build my portfolio. Put a lot down a...
I have a seller who is looking for 575k on a property, but he only wants it in cash. I have a buyer who is willing to go 500k 10% down, 30 year 5% APR with a 5 year balloon loan. The seller will be getting more than w...
Hello Everyone! I am fairly new to real estate and this is my first post on BP. My partner and I are looking to fix and flip a property. I know there's a stigma behind selling a property with low equity, but is it pos...
I know a recommended goal is to clear $200/month after all expenses on a rental. My question is, do I count my increased mortgage payment as an “expense”?
I will do a cash out refi to cover the down payment on an inv...
Investment Info:
Townhouse cash flow investment.
Purchase price: $291,000
I closed on this house using my VA loan put down $1500 got lender credits for closing and got a check of $2000 I also paid $300 ...