James Piercy
Parents have 500k in equity for 1031 - what options?
Hello Everyone,I am looking for advice on a potentail 1031 situation. My parents purchased a home 18 years ago for $160k. It is now worth around $850k, although they refinanced it once so there is a loan out for arou...
Mohammad Ali
340K spread in equity-how to do this deal
The house is a new construction that is not finished. It requires 50K to finish. The seller wants 450K. After finishing the house will be listed for 849K. It will most likely sell around 800K. My credit is not that gr...
Karissa Sampson
$210,000 in equity-Lender counteroffers HELOC request w/ $20,000
What the actual heck is going on in some underwriting departments? Does anyone know why a lender, who initial told us we could pull $159,000, then countered with $99,999, then countered again with $20,000 would do thi...
Kerry Smith
TAX ADVICE - $70K in Equity - What would you do?
Hello BP!Thank you for taking a moment to read my post and offer some advice -- I appreciate you!My wife and I are about to sell our former primary residence in North Carolina. The home is being sold to a family membe...
Manuel Scott
Pull out 400k in equity to invest in commercial?
Hey guys. I have about 400k in equity in my home and another rental property. I already own 30 doors, but I’m trying to get to 100. Would you pull out that equity to buy a 1.3-1.6m apartment building or would you leav...
David Olsen jr
my first house hack landed me 89k in equity
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Maple Shade.
Purchase price: $145,000
Cash invested: $7,000
My first deal that was purchased solely with the intent of low...
Trevor Aydelott
Rookie mistake from a lender with 17K in Equity
So I have a client that's a Veteran ( irrelevant for this post) Anyways we found him a home and an appraisal was done on a home ( DUH) and the Appraisal came back at 223K with No Conditions ( which is Greaatttt) - He...
Shelby (Osborne) Johnson
Helped a client/investor retain over $17k in equity
We’ve done it again! Realtor/Investor Specialist Dan Kidd just helped another investor/client get a great rental property! Here are the details:Listed - $44,900Purchase Price- $36,700Estimated repairs - $18,000ARV-$72...
Joshua Runge
50,000 in equity on a 80,000 home. Great deal?
Hello all, super realistic yet super motivated future investor here. I recently found a house for sale not on the market. The home sold 2 years ago for 83,000 and is now being listed for 33,000. The home is a 3 br wit...
Ron Russell
250K in Equity - what could we do with this?
So I have about 250K in equity in my house - what would you do if you were in my shoes? watching and learning