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Hello everyone, I'm starting a property management business in Greenville, SC. I've formed my LLC, built a website, built most of my systems, and opened my operating and trust accounts. I'm currently just waiting for ...
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I hope everyone is having a great week! My name is Matt and I am supper fired up to begin my real estate investing journey. I love learning and growing and real estate has always been a passion of mine. I have been a ...
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I am looking to secure a line of credit on my investment property. It has an investment mortgage ( notated on banking website). I do not know how that works since it is not my primary home. I know there has been a fr...
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I am interested in starting out in househacking multi (1-4) unit properties. I'm curious of there is a loan order that is beneficial to begin with as far as if you use one you may no longer qualify for another. Lookin...
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I have an investment property (100%) equity that I'm taking out 70% LTV to pay off 2 additional investment properties' mortgage. My question is once the 2 properties are paid off, how soon can I take out another cash ...
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What are everyone's thoughts on a HELOC? I am not a big fan of leveraging my personal residence(up to about 90%) but the numbers come out better using a HELOC vs hard money. The profit in the flip would only be around...
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Hey everyone! I'm a newbie in real estate investing. However, I started wholesaling in PA this year and have two deal closing at the end of this month. At the end of May, I'll be moving out to Phoenix for a job. Despi...
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Lessons Learned
Don’t be afraid to make mistakes
In Outliers, Malcolm Gladwell talks about the 10,000 Hour Rule. The principle holds that 10,000 hours of "deliberate practice" are needed to become world-class in an...
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I'm working with a guy that purchase a primary residence. Instead of taking out a 203k loan or even an FHA loan he put 20% down. He was under the assumption he would be able to take out the rehab costs at the end of...
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Hello All,I have been doing research in order to start flipping homes.Can anyone offer some insight as to how private lending works.Terms?What are 4-12, 4-9, 3-6?What lenders do you usually use?How many lenders are y...