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SO!!my SFH rental likely has a solid $50K+ Available in equity...
( $100K+ value / 28K owed @ 2.75% / assume 80% LtV)
I cannot find a lender that will do a HELOC on an investment property.. I'd like a HELOC as a ...
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Numbers
House appraised for $350k
Owe $150k
HELOC based off of credit (740), appraisal of house (350K), No credit card debt only a car payment ($350 a month) and house payment ($1600 a month)
$33k
I changed indus...
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Hello, I have seen some conflicting answers on here and was hoping someone could help clarify things. For a first time commercial loan on a multifamily property, are the loans non-recourse and are they tied to my inco...
Hi,
I'm a minor partner in an LLC with one other partner. We sold the property held within the LLC a few months back and my partner wanted to 1031 exchange his portion and I wanted to be paid out. As the major par...
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After 12 months of hard work, we have just landed our first135 units in Phoenix Arizona🌵
I am happy to answer any questions from newbies or seasoned investors about our process of vetting deals in the current market ...
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I will try to keep this as brief as possible : Partner and I purchased 2 rental properties in Florida with cash under one LLC (lets call this LLC 1).Now looking to do a cash out refinance and having trouble for a mult...
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Hi guys, I had one of my units broken into over Christmas, broke the window, stole some electronics and one of the property keys. It’s a college 4plex renting all girls. I’m very pissed and would like to secure the pr...
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Hello All,Have you successfully lined up a revolving credit line on your entire portfolio? I have a lot of equity spread between my multiple properties, and I'd like to find a bank that will extend a line of credit co...
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Disclaimer: I am not a tax professional, so it's always best to consult a tax advisor for your specific situation.
Investing in real estate can bring about a lot of financial benefits, but it can also have a major im...
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I found an accountant I like in my area. After reviewing previous years taxes he gave me a quote. It’s 1,675.00 up front plus another 100.00 a month maintenance. Is this a normal type of fee for this service?