I'm very new to REI. I just bought 1 single family home and 1 duplex from a turnkey provider, all cash. I want to take out the equity in both to buy another property but not sure how. Here are some questions:I didn't ...
I've been doing flips for the past three years and have gained a lot of experience from it, especially when we started expanding into different states. I've also gained valuable relationships, particularly on financi...
Hello,New BP member, just upgraded to ProBeginning my real estate adventure, wanting to do buy and hold strategy, looking at potential properties so far around 30-40k. I plan on using a HELOC for funding. As I’m just ...
Has anyone ever obtained a secured loan from a bank using a pool of Louisiana Tax Liens (Tax Sale Certificates) as collateral? If so, could you please share the bank contact person and/or attorney who created the ent...
I am looking at two proformas for one investment and noticed the following:
1. The discount rate is 10 percent for an un-leveraged investment on the proforma and yields an IRR of 11 percent.
2. The discount rate is ...
People seem to be wary of investors being highly leveraged. This is for good reason and I agree that everything is fine in moderation.
At what point do you consider someone to be highly leveraged? What measurement...
So I recently purchased a duplex 2 months ago. Its cashflowing well like I anticipated. I have a W2 job as well. I am looking to buy a second property but am also going to be moving in 6-9 months. I will be selling my...
We are considering subdividing our land in pursuit of potential passive income. We've confirmed that our property is eligible for subdivision and we have an initial idea of what/where we want divided. The next step wo...
I'm not an expert on credit, but I would like to know if it is possible for a group of individuals to leverage their credit collectively as a group without having to start an LLC etc?
What is the best way to leverage home equity? Specifically for the purpose of purchasing other properties (down payment, cash purchase, etc.)HELOC?Home equity loan?Cash out refinance?Something else?-Investor from Clar...