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Hello all, Nick here.Question is how do I successfully purchase Land in my state (MAINE) using equity from my first property - maybe using HELOC? With housing in our market selling above asking price most times ending...
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Investment Info:
Single-family residence buy & hold investment in Memphis.
Purchase price: $155,000
Cash invested: $35,000
Purchased this as a Primary Residence first. Took out a HELOC to secure ...
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I am about to retire after 24 years from the Marine Corps. I already own one rental property in NC and I want to expand not only in that area but other states as well, I am currently in California and own my own prima...
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Hi All,I recently found a duplex in a good area and ran it through the Rental Property Calculator with good results. The list price is $230,000. I wanted to initially get a HELOC against my primary residence (owned ...
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tl;dr question: Use 3.5% FHA for second home, or use HELOC to put down higher DP?Quick Background:I own a 2 family home in the Bronx with finished basement that I bought with FHA 3.5% down in 2013, and have been hous...
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Newbie here trying to take his first action step!Last October my wife and I purchased a new home and began renting out our old home, which can we happen to own free and clear ($150k).We've loved owning a rental proper...
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Im a General Construction in the area of Los Angeles. Due to Covid permits, material and labor cost has gone up therefore it's been a challenge to finish multiple ADU. These project are located in the area of South Ce...
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Hi,
I currently possess three cash-flowing single-family rental properties in Arkansas that I purchased within the last three years. I am looking for advice on the best approach on utilizing the equity in these prope...
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Hi all,We completed our first BRRRR in 2023 and are working on our 2nd cash out refi as we speak. I'm curious if anyone has suggestions on how to run a financial report after the cash out is complete to see exactly h...
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Hey everyone. Today has been a bit of a roller coaster of emotion. This morning we got a call from the bank and it looked as though our financing was finally going to go through. We went to look at a house with goo...