We have been approached by someone who wants to use a HELOC to loan us funding for our acquisitions. Are there any good links or websites I can share with them to educate them on the pro's or con's to doing so?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $454,000
Cash invested: $22,700
3 bed 2.5 bath 2 story home with unfinished basement
What made you interes...
How do those of you looking at a potential buy/hold property determine what your average rental income will be. I know some sites give you an estimate on expected rent, but I've noticed those are pretty hit or miss. J...
Hi all,just purchased a MFH unit in Joliet IL and have few bad apples that i need to manage effectively and efficiently. one is tenant, grandfathered in for 20+ yrs. believes he owns the property - almost has occupied...
Hello! 3 months ago I was taught by a guru how "easy" it is to be a real estate investor. Today I just learned that in CA you are required to include a 5 day rescission period on your preforeclosure purchase contracts...
I'm a midlevel healthcare professional with an interest in fix-and-flips and possibly buy and hold rentals with decent construction skills looking to start buying fix-and-flips and need all the advice and info I can g...
Hi all,
Looking to rent out my basement and curious what people use for a contract? Can you use a standard one or do you need to add some provisions since you live there too? Just want to protect myself as well as ha...
Background:
currently living in Philadelphia and contemplating moving back to NYC after a 9 year hiatus from NY (minus the occasion visits). Currently working as an engineer in a stable job. I'm looking to move back...
Who is behind all these blind phone calls asking if I want to sell my house? Bigger pockets, Lifestyles Unlimited, other? It’s the most annoying and undoubtedly least effective way I can imagine to prospect for real ...
>Quick and common question but forgot.. here it is.. what do you say to the seller when there is a property that has a (good/bad) tenant and you portray yourself as the buyer and told them I'm not sure yet becau...