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I want to get cash out for two small rentals for about 100K. One option is to get two home equity loan for $50K each and another option is to get one home equity line of credit for $100 K. Which one should I choose...
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Hi all-
Not a unique question but one that I've been stressing about for a few months that I'm hoping you can help with.
Stats:
Location: Seattle suburb.
Paid 220k for it in 2007 (not really relevant anymore. We we...
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Hello All.
I am interested in hearing from some long term investors around how they survived the last real estate decline and strategies used. What were the surprises and if you were to do it over again, would you h...
Hi all, a long time ago I read of a simple way to estimate the cap rate on a property, divide the gross rents in half then divide by the value or asking price on the property.I'm curious, estimating expenses as half o...
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Hello,I'm new to biggerpockets but I have read many articles from biggerpockets and other similar forums. I am not experienced in real estate, but I have some experience in building through family members that are in ...
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Hey Guys,I'm a Realtor based on Long Island and I have a good amount of experience working on homes affected by Hurricane Sandy. There seems to be a lot of confusion for investors regarding these properties, so I thou...
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Received a contact today from my mailing campaign, the gentleman is a motivated seller however there appears to be a significant problem after speaking with him.
The property was purchased and is owned free and clea...
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Need advice on how to handle deals where the seller wants some down payment money in a lease option assignment deal. They understand the benefit of getting a tenant/buyer but they still want some cash.
Thanks!
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Hello all, my name is Matt and I am new to this site. I live in the surrounding Philadelphia suburbs. I currently work as a project supervisor for a technology company with hopes of leveling out my assets column with ...
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I'm SUPER excited! Had to share this with my BP community. First off, I'm getting married to the love of my life this July! Woo hoo! What a great gal I've found too- God has really blessed me! Second, we just got a s...