Stephen Schott
Taking out an equity loan. Credit Score impications??
So I am taking out an Equity line of credit on my home. I purchased this house for 27,850 2 years ago in all cash. I rent out the basement and am still currently finishing up the top floor. After much sweat equity an...
James Dolan
Trouble in the Sewer Line
Hi All,
I have a property under contract in Pittsburgh that has a blockage 85 feet down the sewer line so the plumbers are unable to confirm whether the line is free of damage beyond that point. They quoted me to cle...
Ryan Morrissey
Short-term financing needs
I have a small portfolio of 18 rental units in Fall River and New Bedford (Massachusetts) which I purchased a little over 1 year ago. These buildings were in somewhat of a distressed state including several vacant uni...
Steve Bugnacki
HELOC to Make Cash Offer
Looking for feedback on my strategy. My thoughts are I can get better deals with a cash offer on or off market. To that end, I can access $280,000 on a HELOC at 6.75%, and have other funds available to make a total...
Joshua Myers
Creative Portfolio Lending Question - Columbus, OH
Hello,
I'm looking for a way to creatively access some equity in my portfolio to expand here in Columbus ,OH. I currently have 6 LTRs worth a bit over $2mn, with around 700k in equity, cash flow of 4-5k/month and my ...
Christopher Duron
Vacant Land With A Fault Line
I feel that this is a series of stupid questions, but I’d like to get multiple opinions.
I am in the process of buying a piece of land located in Southern California. It is in an area where land is high valued a...
Mark Coleman
Looking to take a H.E.L.O.C to buy a rental property !
Is is smart to take home equity loan out to pay in full for a property or just use it for a down pay?
Barbara Long
My commercial property...
has 3 apartments and a store front on the bottom. I purchased this property over 3 years ago using some cash to change the office space into a apartment. We'll things got tacky and didn't realize the town had real jer...
Kayla Utley
Property line problems
My husband and I are new to real estate investing. We are looking to purchase a house that neighbors ours and rent it out. We are not using a realtor because we are purchasing from family and therefore the property is...
Jason Deck
Buy and hold in an IRA - Pros and Cons
Does anyone have experience holding property from a self-directed IRA? I am trying to get a handle on what is possible, and the pros and cons? For example, can I use IRA funds for a down payment, or must I make an o...