Sarah Manshel
Equity Loans on Investment Properties?
Howdy ~ I've been trying to figure out the best way to access and use the equity from my investment property....I owe $170k and it's assessed at $375k. It's far away from me, so my local bank doesn't want to do it. Th...
Nathaniel R.
Systems in place for wholesaling.
I would like to know what some other investors and wholesalers systems you have in place for your business. What does the flow look like for your day by day? Ex. do you have certain things you do on certain days like ...
Account Closed
Find balance on a senior position, open ended line of credit?
I am looking at a house where the mortgage is in default and the sheriff sale is coming up. After the sale there will still be an open ended line of credit from the previous owner. The LOC is $25k and was originated...
Mohammed Quadeer
long term carryover loss to offset depreciation recapture
- Purchased strip mall in 3/2003 in Chicago, IL for $4,800K- Sold it in 11/2017 for $4,660K- Closing costs for purchase/sale $600K- Capital improvements $300K- Total depreciation claimed over the years $2,300K- H...
Tim Ball
Line of credit vs. hard money: which is better?
I am very familiar with hard money but I am not certain exactly how lines of credit are set up. If you are able to secure a line of credit, and you are looking to purchase buy-and-hold properties, would that be a bet...
Jose Diaz
Do it yourself Title Searches
Hello everyone. I was wondering how possible it is for an individual to do a title search on a property as good as a title company can. If not, what specifically allows a title company to have a more in depth search t...
Shelly Scruggs
HELOC
I applied for. HELOC on my primary residence and was approved. I have 3 days to rescind. I don't have a deal lined up but searching. Should I have waited to find a deal first before applying for HELOC?
Jay Bousquet
Curious about Wholesaling.
I recently went to a free real estate seminar that involved wholesaling. I won't use the name as I'm new here. And I don't want to break.any rules. But basically it involved having an inside line on new properties for...
Armando Payano
Open HELOC Strategys
Hello BPA few of our SFR property's we either own outright or have a large amount of equity in. One of them I have an open HELOC on. I am hoping to get another HELOC on a property I own. Our plan is is to use these li...
Account Closed
Multi family units?
Hi,
Does anyone have any knowledge on how to find the owners of multi-family units?
P.s- when I search the name on my county tax assessor website property search, the current tenants name comes up.