Michael Randle
Multifamily CAP exercise.
Hello everybody,The following is all theory and I am putting it out there for the community to correct my process not exactly the numbers.I am doing my homework and trying to analyze 5 deals a day. Working on getting ...
Jack Zhuang
How to determine the new construction cost for a small building
I'm looking at a small piece of land about 6000 sq ft in SoCal and put a new class B 6 unit condo on top of it. I think I can talk the seller to bring land sale's price down close to market avg. but I am having a hard...
James Whitehead
Ready to invest, whats the best way to capitalize on my situation
Im ready to make the plunge!First post, apologies if I ramble...Just came home after a year in the middle east trying to get a head a bit, after tax season we have a decent little egg in the bank, in addition to that ...
Megan Hirlehey
Pay interest on a HELOC if you don't use it?
I applied for several loans (HELOC and Home Equity) for a deal I'm trying to do, got approved for both types, narrowed it down, decided to go with the HELOC (interest-only minimum payments for the first 10 years) for ...
Timothy Eaton
First House Hack - General Renovating Questions
Hi all,Just purchased my first home which I will be house hacking. The home has a separate entrance to a daylight basement that I will be renovating to convert it into a second unit. Currently, the house is on one wat...
John Maxx
Cash out refinance or stay on HELOC?
Cash out refinance now or stay in HELOC?Hi all, I'm kind of at a crossroad on how to proceed? So, finally got my 1st property a few months ago. Used a HELOC and paid all cash, $150k. Fixed up the house and have put i...
Daniel Hart
How to start/structure an organization similar to a REIT
What would you recommend for someone who wants to start something similar to a REIT, but on a much smaller scale?
Let's say you have 10 friends who want to provide capital that you intend to pool together to invest i...
Ti Hon
What happened to" HELOC " in the short sales proce
I have heard several different stories in regards to the " Home Equity Line of Credit " in the short sale process in which the lender of the HELOC still can put liens on your assets such as your IRA accounts .. is it ...
Will Jimenez
How to Structure an owner financed deal?
Have an opportunity to buy a property which ARV is between $85K and 90K. Seller has a HELOC of $65K with payments of $645 a month. The house needs approximately $20K worth of renovations and I believe I can rent it fo...
Alexandro Paredes
Heloc vs. Cash out refinance
Hey guys I have an FHA mortgage currently looking to purchase an investment property. What advice can you give me on funding through a cash out refinance versus a heloc. What are rates and costs associated with each.