Hi,So, I have a house that I paid $45,000 cash for. Now its value is estimated at $98k-100k. I'm interested in using as a collateral it to buy a duplex, rent out this home and house hack the duplex for a year and refi...
Hi: I have not used home equity loan so looking for an answer to a question.Given my current income, say I am allowed to borrow XIf I take a home equity loan against my existing home then will it affect X ? Thanks\S
If I take a owner-occupied home equity loan, how long does the property have to be owner-occupied? Can I get a loan and move out thereafter, or am I required to stay there for some period of time?
I'd like to...
what is the best type of loan to use for a buy & hold property. I plan to use the home for a couple of yrs as a primary residence but would like to have a good amount of equity at the end of the couple yrs without...
Trying to figure out a strategy:
My brother wants to invest into a property with me. His credit is very bad but he has about $150,000 in equity in a rental. My credit is good so we want to sign over his hom...
I bought my first 3 family investment property back in June 2013. I currently occupy one floor and rent out the other 2 units. Since then I have put in a substantial amount of work into the home. All new windows, n...
Hello,Just joined the forum. I recently purchased 4 rental properties whole sale, all cash. 3 of them are renting, one of them is in the eviction process (existing tenant). I have a day job and over a 700 credit sc...
I am trying to gain knowledge on financing my first investment property. I currently owe 214K on a home valued at 315K. I was considering selling and using the money made to purchase a multi family property. However, ...
Hello fellow investors,My partners and I just started an LLC for home re-development aka house flipping.Each of us will have equal shares, so monetary input.We just landed our first deal through the MLS for 170k.The q...