I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?
Excuse my potential bad use of terminology here as I am very new to REI and am trying to get creative on my financing strategies.Basically, I have been looking into REI around the Seattle area (I live in Redmond, Wa) ...
Can someone explain a really good logical argument you use to persuade sellers that a lease option is good to do. Also, the fact that I'm obtaining their property but will just go find another person to lease option. ...
So the Mrs wants to do Dave Ramsey’s Financial Peace University. It’s what our friends do who have done well with savings and whatnot. I explained to her Dave’s take on debt related REI however I told her I would stil...
Scenario: I’m trying to use the FHA loan strategy to acquire a home each year. Personal credit is great, and my primary residence has plenty of equity, and income is sufficient for purchase of additional home.Problem:...
Hi,I have an agent in the town that I live but I have no contacts in another city that I'm interested in getting into for rental investments. I contacted my agent (hasn't gotten back to me yet) to find out if they hav...
Hi, my name is Alain (or just Al) and I'm working on my first real estate investment in the Sierra Nevada. I live in the Sacramento area.Right now my goal is to create a LLC that would take on loan for at least $150K....
Hey BP community!
Wondering if someone can explain lease options to me like I'm a 3 year old. I went to a small seminar about lease options last night and still couldn't wrap my head around it.
I guess my main ques...
My partner and I purchased a 6 unit complex in Shreveport, La. roughly 8 months ago. The property is in a less than attractive neighborhood however Shreveport is very block by block and sometimes home by home. After o...
Hello everyone I need someone expert advice from the seasoned wholesalers. House was brought to my attention by word of mouth to me. Long story short, the owner has passed away, and there are no relatives (found out f...