Hi everyone,Today I was exploring how to pull some cash out of the equity on my current residential property and came across two popular options: a home equity line of credit (HELOC) and a home equity loan (HEL). Thes...
If somebody purchases a home and wants to make sure the mortgage gets paid off if they died pre maturely, do you think permanent or term life insurance would be the better fit? Or both?
Hello,I'm in the process of completing a deal (SFR, buy and hold) and the other night my lender told me that my loan is going to fund but with a 25% down instead of the 20% and with buying 3 points to get a 5.75% rate...
Duplex offered 170k, rent should be for $1800/mo with tenants paying all utilities except garbage. This is our first purchase, and my analysis is based on what both sides could rent for today, but we currently plan on...
https://www.biggerpockets.com/calculators/shared/4...Do my numbers look good for promising deal? I followed along on a webinar with Brandon but I want to get some feedback as well. Thank you for any help and if you ha...
Hello all, I currently plan on house-hacking my first property within the next year or as soon as I can. I will be moving to either Austin or San Antonio, depending on which is a better fit. I am currently working ove...
Summary question: How would you allocate by extra money saved from my paycheck by percentage between 1) stock piling cash for a 3rd rental property 2) paying down existing mortgages ( I currently own 2 mortgages that...
Hi, I am looking to get into real estate wholesaling but first working on modifying and fine tuning a solid contract. I live in Seattle, WA. My question is as followsCurrently, I am making two separate agreements that...
Structuring a seller finance deal on a small MF property. Curious what the consensus is for how it should be structured and pros vs cons of the below example:10% down and 4% interest only with balloon payment at 2 yea...
I've been talking to a property owner. He has a two unit house that he is willing to hold the mortgage on for 6 months. The house is owned free and clear. He is also open to creative financing. I have no money to ...