Hello! Newbie here! I'm a little confused with how HELOC or Refinancing works when it comes to taking Equity out to use as a downpayment for a 2nd or a next property for investment.Can someone please explain to me wit...
I am looking to purchase a small multifamily for my first house hack in RVA early 2025. I have read many books and articles on the subject, but I'd like to hear some perspectives from others who have already started t...
I was wondering which one is better to do for investors who want to wholesale real estate.....a "back to back" closing where transactional funding is used OR a "assignment of contract" where the investor signs over hi...
We're beginning to hear from all over that retail stores are closing and at a very high rate. Amazon and online shopping alike has made it convenient and easy for us to do a one stop shop for things from groceries to ...
Closing on a three unit next week, around 200K. Looking for your thoughts on should i dress up, down, or just wear the same stuff i do everyday? My lawyer and banker will be wearing suits. The seller fell on hard t...
Can someone explain why morgage rates are increasing despite the Fed drop to 0%?
So, here's what I mean:For simplicity sake, lets say both a HELOC and Cash-Out Refi have the same rate and I'm ignoring any closing costs. If I paid the same amount of money in the same amount of time, would either o...
We're a couple of days from closing. According to the title company the title commitment effective date can't be updated. They stick with the last date the country clerk database was updated. In our case, the last dat...
I am currently a week from closing on a fourplex. Last week we had the inspection and some issues were brought up concerning the roof. This is a flat membrane rubber roof. I just had a contractor out to bid on the roo...
I have absolutely no experience in real estate investing. All I know is I want to become wealthy and I think this is a worthwhile endeavor to get there. I live in Tacoma, WA and I rent a room for $500 a month. I'm not...