Kymberly Chase
Taking Line of Credit from my STR business
My yearly cost to run my STR is $30k and I've been bringing in $100k for the last 2 years. Can I take out a HELOC/somehow leverage to pull cash out for a down payment on another property?
Jeremy Williams
buying a duplex, conventional loan requires reserve account?
looking at a duplex and just received a call from a loan officer/broker stating I'll need a reserve account with x amount of money in it since I'm planning to to rent out half the the home. I was going to do that o...
Curt Bixel
Cash out refinance vs line of credit
I am trying to position myself to be able to take advantage of any disruption in the market due to the fallout from the coronavirus. This does not seem to be like 2008, when housing was very much central to the probl...
Tony Valle
USING A SELF DIRECTED REAL ESTATE IRA TO ACQUIRE INVESTMENT PROPERTY
Hello Forum Community!I am reaching out to those who have used a self directed RE IRA to build their RE portfolio.I would love to hear from others who have used RE IRA's and share some success stories!The basics are t...
Chuck Bartowski
Using a Solo 401k to buy Rentals
Does anyone use this strategy for retirement purposes? I'm curious as to how difficult it is and how one qualifies for it. My wife stays at home with the kids and we run a small side business inside of an LLC. We have...
Hong Lem
Stone Bridge Capital Group?
Has anyone used Stone bridge capital group for funding before? If so, could you share your experience? They do not have much info on their site.This is the link to their site: http://sbcapgroup.com/ufg/
Cade Antonucci
What do you use for security deposit set ups?
I am starting to grow my rental portfolio and am looking for online alternatives to hold security deposits. I currently use Wells Fargo and it’s a pain in the butt to keep going there in person and setting up a securi...
Murray Smith
no money down deals
I understand that these type of deals are hard to come by, but happens when you come across not one but two great deals one being a business and the other being a complex which is the main stay of what we do especiall...
Account Closed
Has anyone started investing with no money? and ended up gaining good/amazing income?
I'm just asking just to ask. I am still saving money for a down payment on a rental property out of state and i understand none of this should be rushed, but I am wondering if anyone has ever started investing with...
Mary Blanco
Do I need an LLC per house or just one LLC?
I’m looking to get started in an LLC for the two rental homes, I currently have. However, I’m trying to research which option is most beneficial. Do I create an LLC per home or one LLC for both homes ? Looking for inp...