My wife and I just rented out our home and we are loving the process. We are eager to buy another property soon but we do not have money to put down, the home has equity on it and looking to possibly get a HELOC. Any ...
I will be purchasing my 4th place for $185k. My loan choices are 20% down at 4.875% or 25% down at 4.375%. Either way I will have to finance part of the down payment with a HELOC (4% interest rate right now). I can pr...
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This would be a BRRRR project to stay there for a year renting out 2 bedroom unit first and after - 3 bedrooms as well.Yea or Nay? Did I make any WRONG assumptions?
Not experience investor ,just from finance backgroudCurrent market condition is clear, the interest rate will going up for whole year, and most likely all the fees for apartment buiding (tax, insurance, etc) will go u...
I am getting into private lending slowly but surely. I'm really a newbie. I'm discussing with a rehabber team about a loan, they're local, and I like them and am willing to meet them more than halfway to earn their bu...
I’ve been investing in SFH for the past 10 years and recently got an offer accepted on my first commercial property. It’s a NNN in Louisiana. From lenders we have spoke with we have only been offered 5 year fixed loan...
We’re are in the final day of escrow our lender called us on Monday and said they sent over VOE’s to our jobs and needed us to make sure they were completed so that we could close on Wednesday (today). So we scrambled...
Hi RE gurus,I've finally mustered up some courage and decided to get into RE investing. In prep for that: I have about 50% equity in my home (value 2Mil+) - and I have the following cash-out refi options for the remai...
I came across a property in Texas i.e a lot has fourplex plus a separate unit in the back i.e total 5 units. Can this still be considered as a 4plex + ADU and get a conventional loan or it should be commercial loan ?
Looking for someone to tell me “yes, that should work” or “no, bad idea and here’s why”:My husband and I have been wanting to get into real estate, and are now ready to start moving forward. We’ve built up some equity...