I have 200k equity in my primary residence that is burning a hole in my pockets. Not sure which route to take in order to get started with investing in real estate, but I’d like any advice on how to use my equity.
Investment Info:
Single-family residence fix & flip investment in Byron.
Purchase price: $33,000
Cash invested: $42,000
Sale price: $127,500
My first fix and flip. Interesting property becaus...
There was a fantastic recent BP Blog about home prices being up nearly 50% (47%) since 2020. Recently several of my investor clients have leveraged equity in their primary or investment properties as down payments for...
Open discussion about creative ways to generate additional income on top of rent for your properties.Has anybody offered a technology package? It could consist of a Roomba and (2) Alexa speakers, as an additional sou...
I have formed an LLC in Indiana to hold my investment properties. According to the checklist on the IRS website I do not need an EIN. Also, according to my bank website, when I go to set up my company bank account t...
How do PMLs evaluate the potential of a real estate investment differently from banks?
Is it possible to use equity in our home to purchase a commercial property? Pros/cons and what’s the best lending option to use if home equity is possible?
Seller is open to sub2, but wants to buy 2nd house. Does their 1st house's debt count against debt-to-income ratio when they apply for loan on 2nd house?
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $35,000
Sale price: $121,000
Contributors:
Peter Vekselman
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The Charlotte rental market is experiencing significant shifts, and it’s raising some important questions for both investors and property owners. Here’s what we’re seeing and how it’s impacting rents:
Key Trends
Ren...