I currently have a paid off rental. I’m looking at buying more rental properties and want to know the best way to finance using the equity in that home. Does anyone have advice for using a HELOC vs a conventional mor...
Hi I recently purchased a 2 family property fully rented for 55K. I used the HELOC on my personal property to purchase all cash. there's no equity, I just bought for the cash flow. I'm thinking of pulling out cash on...
This post is more of a question about the stock market. Should I invest the money I plan on using for a down payment into the stock market while I continue to save? It is going to take me about 2 years to save up enou...
Hello every one! I am in the education process in RE just basically learning in BP, videos, driving for dollars, websites, audio books, etc. My wife and I bought our house with (3 rooms and 1.5 bathrooms) 5 years ago ...
I’m doing my first flip but can’t decide either to go with a hard money loan(11-15% interest) or get a HELOC loan? Any tips or recommendations?
Here we go: In our primary residence, we pulled a HELOC at 3.2% (no fees, % good for 12 months- if I close it early only $300 fee)- It's $65K. Then, I ended up signing buying a flip for cash from a wholesaler. This is...
Hi Everyone, I live in Los Angeles and I was wondering ... how can I find a local investor to show me how to find, negotiate, and close on a real estate deal ? I understand I have to bring value to the table, which I ...
Investment Info:
Single-family residence fix & flip investment in Middletown.
Purchase price: $40,000
Cash invested: $30,000
In contract to sell for $195,000
What made you interested in ...
I'm debating to take the tax hit from early 401K distribution or invest in SDIRA Notes. If I take the early distribution, I'll have to set aside about $40K for just taxes in that year. Now regarding SDIRA Notes:1. ...
My partner and I are looking into purchasing multi-family properties to buy and hold. We have a private investor who wants to fund our down payment. Our remodel costs to increase the ARV would be built into our finan...