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I have close to 450k of equity in my current home, we don't own it free and clear, just put down a very large cash down payment. I spoke with a lender yesterday and he suggested I open an equity line on my house an...
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Hey guys I’m reaching out because i am thinking about trying to find a private investor to find a flip. My only question is what is a good percentage to cut the investor in on the profit of the sale? 50/50?? Basically...
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I have a detached garage that I plan to convert to a small studio, to list on Airbnb. It is legal and within regulations where I live. I could use cash to finance this, but I'd rather use leverage. These are the metho...
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Do any of you risk flipping a house without an inspection?
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Anyone using cash as collateral for a line of credit? I've got a local bank that will provide LOC that's 2.5x the cash amount (100k in cash gets you a 250k credit line). Curious if others are getting better/worse offe...
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Hey everyone, I’m new to the Real Estate Development scene and before I go for this development deal, I want to know what I’m going to see when the deal is in progress.I would give some examples however I’m am surpris...
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Hey guys i got my first rental property last year on fha loan. Haven’t rent it for year now because of fha loan requirements. Now October is coming so i can rent it. My plan was to get home line of credit pay chunk pa...
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Hello BP!I have a dilemma on which direction to begin first. My mother-in-law wants to help my husband and I on our first real estate investment purchase. She is offering to refinance one of her homes that is complete...
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situation...you purchase a bank owned home using a hard $ lender. Fix up the property. Before you sell, refinance and take out a home equity line of credit. Pay yourself through the HELOC to avoid taxes. Is this p...
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I am in the process of selling land in Texas and have been informed that the survey done 15 years ago does not align with a recent survey done with a neighboring property. Seems like title insurance should cover this...