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Some of the best deals I’ve see have been found at auctions however, without the cash, how does one get the finances to buying at auctions? Would private And hard money loans be the only way?
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Does anyone have recommendations on any credit unions that offer HELOC loans? I’ve used credit unions for most of my financing and it has usually worked well for me. I was wondering if there was one that offered HELOC...
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I am wondering if I could open a HELOC on my Primary Residence since it is at 80% LTV. I think HELOC allows for up to 87%. This would allow me to pull close to 25K and use it to purchase a second residence which would...
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I purchased a multi-unit for 400k at 20% down on a commercial loan. Appraisal comes back at 500k. I'm a buy and hold investor and I think there is still room to renovate and appraise it even higher. What should I do? ...
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Ok, So I have been speaking with Private Money Exchange about pulling money out of one of my properties.
Here are the numbers
Loan amount $23,000
Closing Costs $6000 - Taken out at closing
Cash in my hand at Closing...
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The lender countered our original offer (250k) with an offer of 285k. There's a buyer lined-up at 340k. Should I try to cut down the 285k down to 270-275k, and increase profits? Or should we not risk getting denied an...
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Should I refinance w/ cash-out or use my taxable account to buy homes?
Hello everyone!
I am thinking of investing in real estate. Maybe in 5-10 years have enough rentals where I can quit my job and do real e...
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Trying to find the best way to utilize the assets I have, to purchase another home. Quick rundown of my position. I own 2 homes. One is a rental, appraised for $350k, has no mortgage and brings in $1600/month. The sec...
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Im trying to set my self to buy my 2nd rental. But I can't get my numbers to work and justify the refi.Current rental paid in cash no loan on it.Purchased for 70k comps are $120k.Rents for $1300 a month. Same tenant f...
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Hello! My husband and I are hungry to start investing in real estate. We have the capital for a downpayment and closing costs to go ahead invest in one, but we're wanting to invest in more than one property this year....