Drew Cameron
Heloc to pay off mortgage faster
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Account Closed
The mindset of the Cash Flow investor: LA vs Baltimore
So I have to put $1,500,000 in a rental somewhere. The option (for whatever reason) is either LA (appreciation) or Baltimore (cash flow).Sure, investors never can agree to disagree on which is best, but the numbers se...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Christine Wagner
Mack companies Chicago
My husband and I invested in a property with Mack about five years ago. We intended to do several but within the first year it started going bad. Awful tenants, evictions, drops in rent. Nearly impossible to get an...
John S.
Has anyone had success purchasing directly through the listing agent? [story inside]
So quick story.. I recently found a duplex in my area (Long Island, NY) that was exactly what I was looking for for an investment property. It was in exceptional condition and needed very little upgrading, except for ...
Tom Vanderlinden
Getting Started and having every deal fall through
I just had my duplex fall through, before we got to closing, because it appraised 45k short of purchase price. This was my 5th in 6 months that fell through. I've been working hard to read and do research after work a...
Robert Quiroz
Buying with cash vs financing
Hello All,I will have around $1M in capital that I'm looking to generate 8-10% CoC returns for the purpose of replacing active income. I've decided to go the financing route to protect the value of that $1M against i...
Greg Gasiorowski
Investing in Low Income Areas
Hello everyone,I'm new to the forum and have been doing a lot of research in buying rental properties. I currently live in the Philadelphia, but would like to invest in lower income areas such as Chester, Marcus Hook,...
Eric Blackford
Getting your agent to be truly on your side
If you haven't heard about the Freakonomics bit on real estate agents and how their incentives aren't aligned with yours, watch this 3 minute video here to get some insight into the problem.https://www.youtube.co...
Nathan Gesner
Eviction moratorium hurts the little guy
https://www.seattletimes.com/b...This is an excellent example of how the eviction moratorium hurts the little guy. Immigrants, minorities, women . . . These people are trying to make a better life for themselves in th...