We have two short term rentals, one in TN (rate at 3.25%) and one in VA (rate at 3.8%). Don't want to move from those rates to current rates, but would like to find a way to utilize or take advantage of the equity in...
Hello all , Newbie here trying to understand how many mortgages I will be stuck with. Let's say I have a million dollar home, with 500k equity in it. I would like to pull this out with a HELOC and put it as my down pa...
Hi everyone!
I have a quick question and would love to hear your thoughts. If you have a couple of rental properties with some equity, and you're looking to tap into that equity to fund more investments, what would y...
Hi,I'm in escrow on some land that I would like financing on. Anyone know of someone who does these type of deals. I'm aware of hard money loans ranging from 8-12%, ultimately I would like to be between 5-7%.Good cred...
Hi Everyone! Very excited to see so many discussions about REI in Multi-family. I am a big believer that with hard work and the right mentality with good intentions, you will all find the success that you are looking ...
Hello Everyone,I recently formed a real estate LLC as a 50/50 partnership. We are looking to have credit cards as an option to:1) Fund an entire Flip2) Pay for materials for a FlipQuestions:1) Should we apply for card...
I will cut straight to the situation then give a little back story to myself. I have my eye on a SFH fix and flip in a neighborhood where house prices will vary from 1.2M to 600K depending on how extensive the flip i...
Any advise? When starting out, what kind of deal structure should you use. I was thinking of puting together a fund and investing in a couple of properties over time and taking a small fee but share in profits later...
I just closed on my first SFR in Memphis and was a little surprised at how much closing costs were. I have 2 more in escrow scheduled to close end of the month. I would like opinions on the costs if they seem average ...
I want to ensure they're legitimate before sending my client to them. I don't like the fact that they're asking for an upfront "commitment fee" saying it will be credited at closing.