We've seen tremendous interest from investors seeking larger balance investment property HELOC's or home equity lines of credit. Understandably, investors are looking to tap or access increasing equity positions, many...
If someone comes into excess cash is it better to pay down debt and then invest in a property or to invest in a cash flow property and use that to pay the debt?
Already pre approved for a mortgage...
Just looking...
Greetings All!It’s been a long time since I’ve been on the forums. Seeking your guidance/wisdom. A little about me: U.S. Army vet. Recently moved from Lynchburg, VA to Parrish Florida in December 2020. 5-yr goals for ...
Investment Info:
Single-family residence private money loan investment.
Purchase price: $70,000
Cash invested: $20,000
This deal came to us word-of-mouth. Once we got past the variety of potent odors...
Here is the deal. We have a small business that is doing OK but my debt pretty much gets buried in the business so my income statement is next to nill. We pretty much buy enough to offset the income so as to grow th...
I have a fico score of 675. Around $8,000 in cc debt and $45,000 in savings. I’ve flipped 3 houses so far, and want thoughts on paying off cc debt to increase credit score, or saving money for cash flow. Any though...
Details:
List price $71k
Arv $115k
Repairs $25k - use credit card at 0% for one year.
Rent $850
Cash offer $50k.
Buy and hold , rental property.
...
Recommendations on best/top HELOC loans for an ADU build.
Can anyone point me towards an online calculator that will show how much sooner we would pay off our mortgage if we divided our monthly repayment amount by two and paid that amount (half of a monthly amount) every two...
We are looking at an applicant with massive loans (130k student loan and it's a low paying major). The "estimated monthly payment" listed on the credit report is however less than 1k. Is this estimate accurate? Or I'm...