How long after you close on a new construction can you pull out a line of credit from the home? Or can you?
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So I started out with 150k cash in July that I used for my newly formed real estate company. Instead of buying up as much equity right away I did something a little different: I purchased a fully occupied 5 unit worth...
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I am going to try and keep this post out of the weeds but there are a lot of parts. If anyone thinks I need to split it up into their respective forums(?), please let me know.My father and I (I know, family partnershi...
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I keep hearing people say they do buy and holds. Can someone explain? Are they turn key properties? Do they require a complete rehab? Or is BRRR & buy and hold the same thing? Thanks all.
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Background:Eleven years ago my wife and I bought a rough house in a desirable neighborhood for around $150. We lived in it and fixed it up for 10 years. I probably put about $30k in it and a LOT of my personal sweat e...
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Hello BP, I am currently buying a 480 sq ft house that needs a bit of TLC. The lender I am working with at the moment is telling me they probably won't give me a conventional loan as a rental due to the size of the...
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Because of bigger pockets, I completed my 1st deal I brought a home from a non-profit that gives small business loans. I paid less then $5k and put in about $6K. I have linked the report to this post. I wipe out my...
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I'm sitting here pondering creative ideas to help fuel my early start in real estate investing. I'm curious about home equity. My father owns a home out-right valued around $200,000. It has recently came to my attenti...
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Hello everyone I am curious does anyone know or experience if it's possible to obtain a heloc line of credit with a habitat for humanity home? The property owner has a lot of equity in it and wants to use it.
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Would anyone know where I could purchase motivated equity seller leads? We prefer the owners to be in default and possibly facing a trustee sale situation.
I work with a cash investor and since there is so much comp...