Tim Ball
Line of credit vs. hard money: which is better?
I am very familiar with hard money but I am not certain exactly how lines of credit are set up. If you are able to secure a line of credit, and you are looking to purchase buy-and-hold properties, would that be a bet...
Jacob Turner
Pre-foreclosure Bank and Hedge Fun Tax Lien / Deed sales
Hi all! My first post :) I'm new to REI and followed the shiny into buying ($390) and attending a goofy 3-day workshop (currently sitting in Day 2 in Danvers, MA) on tax lien buying by TAX LIEN WEALTH BUILDERS, previo...
Account Closed
How to go about purchasing a second property
Hey all, been a fly on the wall here for a little bit.like the title describes I’ve been living in my primary residence for a little over a year now. Purchased at 260k using VA loan. Refinanced to a 2.3 interest rate....
Rhonda C.
Use HELOC and cash then conventional
Can anyone describe how they used their HELOC to buy a place outright and quickly, then turned around to get a traditional mortgage on the same property? Are there restrictions on doing that?
Shrikant Kakani
Why are property taxes so high and complicated in Columbus?
I'm looking to invest in one of the multi-family properties in Columbus and the purchase price is going to be $300K for 4 units. Currently, the owner is paying around $5,400 in property taxes as confirmed from https:/...
Ronald Lee
Legal concerns with buying rentals using HELOC on primary res?
Newbie investor here. I was talking to my CPA on possibly taking a line of credit on my primary residence to fund my rental property purchases, which I’m planning to do through a LLC. She said with HELOC, technically ...
Jered Sturm
When to sell primary residence and only pay long term cap gain ?
I have a primary residence I purchased August 4th 2015. I moved into the home August 4th and began doing a major renovation. I am just now finishing the renovation and plan to sell the home with an expected sizable ga...
Cassidy Burns
Buying Under Value . Appraisals are including your purchase
Hi BP,I've recently run into a problem with 2 of my last purchases in SW Virginia. I am buying under value properties. For instance: Purchase Price: $61,500Assessed Value: $116,800But the appraisers are adding the p...
Joe Ebanks
Looking for help getting delayed financing
Im looking for a lender who can help me do a delayed financing on a house I purchased here in Kent. Thank you.Apologize in advance if I am breaking forum rules, I am unsure.. But have had problems finding someone to h...
Chad Rumsey
Rehab and sell mobiles homes w/o land
hello all - I have an opportunity to purchase multiple mobile homes in bulk. All are late ‘70s models, single-wide, 60’ long. Is there a market out there if I purchased, rehabbed and then sold without ground? I don’t ...