Bhanu P.
How to calculate Net worth?
Hi All,I do have a question that seems so basic to me but I am not sure what should be the right answer & hence posting it here :-)When calculating Networth, how to enter the value of a property?For example, a) If...
Gary Heft
Please give me your thoughts on this one.
Here's a potential property I looked at over the weekend and would like to know your thoughts.
Single Family home
1200 Sq ft
Purchase price $57,000
Rehab: $2-3k
Previously sold in 1995 @ 94k
Comparable rentals in th...
Kyle Soderman
Line of Credit
What criteria does a bank consider when you apply for an unsecured line of Credit? I have a great credit score but since I just closed on my first property (woo!!!!) my debt to income ratio is not good at all in the b...
Nicholas Sander
How to turn equity into more homes?
I currently have a SFR rental in Los Angeles area which breaks even. It has a $150,000 in equity. The home I live in has $100,000 in equity in the same city. I would like to turn that equity into multiple rentals or u...
Aaron Rizzo
Should I refinance SFH or house hack?
**SNAPSHOPT**
I am sitting on around $60k in equity on my current SFH. Mortgage is only $600 a month.I've basically maxed out appreciation on my current home so it will continue to rise pretty slow at this point....
Kevin Truong
Houston Area Investor - Introducing myself
Hello everyone, my name is Kevin Truong, I live in the Houston area, new to real estate but I've started the process, got my Pre-Approval ready start to make some offer in different niche. Three area that I'm focusing...
Walmsley Gedeon
Can a retiree obtain a renovation loan?
My mother owns an investment property she would like to renovate here in NY but not sure if she can get the funds to do so. For context she is a recent divorcee who had to do a cash out refinance on her own home to sa...
Account Closed
Pittsburgh BRRR financing + Investment HELOC
Hello all, I am looking for two financing options. First is a cash-out refinance of a rental duplex I just purchased for cash. The plan is to do a moderate rehab and then get a 30-year mortgage. Most banks seem to wan...
Gil Amram
Financing options - Somewhat unusual circumstances
Good day!This is my first post, so I will include a small intro to my question. I want to ask about financing options for an upcoming deal.My wife and I have been investing for about 8 years. We own 1 Duplex rental an...
Dylan Bowman
Pre-foreclosure "win-win" scenario
Hello everyone. My question involves homeowners in pre-foreclosure. I would Like to know if there is a way that the homeowner can still walk away happy with part of his equity and credit in tact and also that I can wa...