I don’t have a lot of cash to get started with but I know my strategy will be successful. I don’t want to use hard money because of the rates and was wondering how difficult it is to get a six figure line of credit fr...
Hi, I live in Queens and I'm looking to get a HELOC on my home. I'm wondering what the best option is out there on the market currently? My property is worth 1.4M last time I got it appraised (around 2019) It should s...
Progress Residential appears to be is a hedge fund buying SFR's in Vegas. We are seeing more and more rentals being listed by them. They apparently have 300 homes sitting vacant just waiting to be turned into rentals....
Hello Everyone,I am new to RE investing and am closing a deal by end of next week. I was almost a victim of mortgage scam and wanted to share my experience here so that it can help new investors.Background: I closed a...
I am relatively new to the Bigger Pockets community, but have been part of the management team for an apartment complex since 2014. This is my first attempt at analyzing a market, so please be brutally honest if I am...
I'm *almost* under contract for my first rental! Hubs' and my finances are through Ally Bank. Love it being online and our savings acct rate is 4.2%. I've read that I should open a business savings and checking at a...
Hi,Would like some recommendation on how to start out our investments. We took out a portion of our IRA money to pay for a Peak Potential REI, which is $30,00 and then we attended the Than Merrill and the Rich dad se...
Hello, biggerpockets! I am CRE professional living in Chicago and starting to test the waters as an owner/operator in the form of stabilized, cash-flowing 2-4 unit assets. Over the last 8 years, I’ve worked for two ...
The syndications that are going belly up are getting a ton of attention in these forums. Despite this, there’s still a ton of appetite for participation. I am sure BiggerPockets recognized this with the rollout of Pas...
Hello!
I just spoke with a lender that does HELOC and they told me they only do HELOC for primary homes, not for rentals. Have anybody worked with a lender that do do HELOC on rental properties as well? If yes, plea...