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I applied for. HELOC on my primary residence and was approved. I have 3 days to rescind. I don't have a deal lined up but searching. Should I have waited to find a deal first before applying for HELOC?
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I'm closing on a rental property on Friday. The title company called and asked if I wanted a survey. They said that since I'm paying cash, I don't have to have one. I told them no I don't want one. What do you gu...
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I've owned a duplex since 2006, and partnered on a single family buy/hold rehab last year. I've become determined more than ever to make REI my full time endeavor, have been saddled by analysis paralysis and money fe...
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Hello,I am looking for an actual real investment strategy to expeditiously and dramatically increase my passive rental property volume. I can't work any more hours to quickly pay 20% down on homes repeatedly and if I...
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Over the past few months I have began to acquire more rental properties (outside of another partnership I have). I took a HELOC out on my personal residence to purchase and rehab the first property and and am in the p...
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How's it going everyone? I'm planning on investing in real estate as soon as possible and wanted everyone's opinion on what my best option would be starting out. Currently i'm working on getting my bachelor's degree ...
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Has anyone ever encountered a institution that would secure a line of credit using a current 401k as collateral?
I am considering a 401k loan or transferring to a SDIRA, but my goal is to purchase cash and re...
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For my first potential deal (2 family, 30-40k - 2%/50% rules in place). In the interest of making my first deal at the lowest possible price, what do you think about my borrowing a business line of credit (from my cu...
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While opening up the walls in the kitchen in our recent purchase -- a home built in the 40's with galvanized pipes -- I uncovered a leak in the wall behind the tub in the master bath. I already need plumbing work in t...
My wife and I have decided to try being landlords (it's something we've discussed many times and now have an opportunity to get our feet wet). We just purchased a new home for ourselves using a HELOC on what will beco...