I have about 60k equity that I can pull out to put down on a buy and hold rental..need advise on which option would be better to use..fixed equity loan or equity line of credit..thanks
alright so I'm a two year student of BP, I've just acquired a position as a leasing agent so I can further my education in property management. however I'm only 19 but I've saved a hardy amount of cash 6k to invest in...
Hey again BP members,
Can someone tell me if the prescreened (or pre-approved) credit offers that come in the mail affect your credit score? I've learned from reading this forum that credit inquiries and credit check...
I am getting discouraged. I have a rental property in Texas that I would like to draw the equity from. I was told that I had to have two properties to do this.
So far I have tried a refinance (quicken loans) and was ...
I am looking for 2 loans: One a secured loan on a property that has 100% equity, & another on the multifamily property that I buy. Private lender at lease for the secured loan. I don't want a HELOC.I expect to giv...
So I recently I bought a duplex property from a wholesaler. It has month to month tenants, and in the original purchase agreement (which was assigned to me) it was agreed that the seller would provide the security dep...
I purchased a property a year ago from a family member that was renting their townhouse. The townhouse was sold to me below market value with no realtor fees. The house also came with steady tenants already renting fo...
Hi, I'll make this brief. I have no assets but am planning a future in real estate. I research occasionally and build scenarios in my head to see how purchasing proprieties will result in cash flow. This most recent s...
Hello all. for the better part of a year, i've been consistently listening to podcasts and trying to educate myself. I want to lay a sturdy foundation before i pull the trigger. My wife and i are still young (25 and 2...
My question is on debt to income ratio and how that metric limits your ability to obtain additional mortgages in order to expand your MF residential real estate portfolio. When I purchase my first MF residential prope...