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I live in CA where rents typically don't cover the price of a house/mortgage. I've lived in my place for 8 years and after a recent cash out refi, I pay about $2250/mo for my mortgage + taxes. If I rented it out, I co...
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Does anyone know of a bank that will do a HELOC on a non-owner occupied property in Texas? Thanks in advance!
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So I have had many properties that I had put the typical 20% or 30% down on a 30 Year loan and had a Fixed payment with the bank. When I had extra money or a large commission I would always put large amounts to the p...
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Greetings,
I have been to Real Estate Expos and searched the web. There are plenty of ways to find out how to borrow money but very little about how to loan it. I need a sanity check please.
One of the members in my...
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Good day all,AS I am reading and listening to podcasts and trying to learn all I can, I keep hearing references to "Use a realtor because they have access to MLS" or "Because I have access to MLS I can..."Is there a s...
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"Why I Borrow for the Terms I Do How I handle the Balloon Payment"I almost always borrow money from private lenders to buy my houses. I borrow at the following terms;$0 Down payment8% InterestInterest Only5 yr TermNon...
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Hello everyone! My husband and I are new to real estate investing. We have been researching a lot and are anxious to get our hands wet. We live in Northern California so investing in our area (and California in genera...
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Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found. I purchased this unit in 2001 for $400k and converted it to a rental in 200...
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I'm so excited a new chapter just opened in my REI career! This was always in my mind, and after 3 months of going after auctions, I landed my first acquisition! For the record I have 3 rentals out of which one was a ...