I owe a mortgage bal of $126k on a property worth $375k and have about 8 years to pay it off; rate is 3.37%.
I need to tap that equity to purchase other properties. The options I'm considering are:
1. HELOC at 75%...
My mom has a small 2 bedroom, 1 bath (approx 900 sq ft) in an older neighborhood in Boise, ID. The location is good (near downtown, the university, parks, etc.), but the house is a mess: no foundation/crawlspace, need...
I am a 24 year old college student and although I will be graduating in the spring of 2020 I am determined to start a real estate investing business so I don’t have to work a 9am-5pm job. If I do end up taking a job a...
50/50 partner and I bought our first rental property in February 2023, long term renter moved in mid March after minor rehab to get it ready. We want to buy another property in the coming year but don’t want to come w...
I'm a US citizen but currently living in Israel, and I'm in the process of purchasing a property in Columbus Ohio.My plan is to do some rehab and therefore I want to take a hard money loan which will cover 80% of the ...
I inherited a tenant who has not paid rent since I bought the duplex in late November. The person has been living here for years and now is on a month-to-month lease. The person is also receiving free access to the ga...
Just purchased a 4plex that shares a common driveway with the 4plex next door. Here's the problem: the common driveway is riddled with potholes; both within our property line as well as the neighboring 4plexs' pro...
I’m trying to get more info on doing a BRRR strategy. I currently have a triplex under contract. It’s a “creatively” put lease option where I control the property and I pay the seller a percentage of the rents I colle...
Is lease option a viable option in this economy... after everything i tried.. lots of yellow letter marketing to me it seems like a waste of time and energy in this economy.
Most of the owners bought houses when the ...
So I ran into a possible deal and i'm just not seeing the problem with it - but I'm a little rusty so I thought I'd have all of you tell me why I should not do this. The owner is completely stuck at market price. Howe...