Hello, I'm just getting started in real estate. I'm learning ways that I can hopefully buy or make a large down payment on my first rental property. A home equity loan or HELOC seem to be my best options right now. Al...
Hello all,I am interested in purchasing a property that has a sizable rehab lien that was administered by the town and under CFR 570.202 (a) (1) (b) (1). (HUD Community Development Block Grants). It is a 0% interest l...
I have found an REO property for 29k. It would make a great rental property with minimal work. I have been considering a 401k loan since it would be so hard to get a traditional mortgage for this amount. Is this allow...
Hi,I have 2 simple questions about foreclosures in Austin.First, are there any foreclosure laws specific to Travis County I should be aware of before providing options to someone facing foreclosure?And second, do bank...
Anyone know if I can sell the right to my rental cashflow. Say I am earning $1000 a month from a tenant on a 1 year lease. Can I sell the cashflow to anyone for a bit less than $12000?
I have a question on borrowing from ones 401k:
When I borrow say 50k from my 401k and pay it back do I lose my position I originally had in my investment? In other words say I owned 2000 shares XYZ fund at 24.00 per ...
Hi BP community! After researching and talking to multiple lenders, I've narrowed my HELOC options down to my top 5. I'd love your help to figure out which one is the best one for me. I'm a bit confused as some lender...
I have multiple properties with equity and cashflow I am looking to put a 2nd private mortgage on and I would pay 10% Interest only payments per month. Does anyone know anyone who might be interested in having a conv...
I lent my LLC the money to help purchase a multifamily property. I have 2 separate accountants telling me opposit things. In your experience which would you choose? One accountant says 0 interest, due on demand and th...
Hello folks,Would you recommend using cash down or traditional home financing (20%) for a primary residence ? I plan to stay in the property for at least 5 years and just by doing the numbers, The total cost of the lo...