Can anyone explain the pro's and con's of refinancing vs HELOC on a rental property you own free and clear? The goal is to continue to purchase more properties, utilizing capital as efficiently as possible.
Hi everyone! I'm new to the investment world, I put 40K down to purchase my first property late last year in Hamilton, Ontario, Canada. At first it was meant to be a primary residence, but I decided shortly after that...
Hi All, Close to pulling the trigger. Clean Duplex listed for $250K. Unit A) 3 Bed/2Bath Unit B) 2 Bed/1 Bath. Both units are rented for $1000/mth. Planning on using a 401k load to fund my downpayment. The 401k load ...
Hello,I have a contract with a builder that has the following clause and I am being told I need to pay 10% over the previously signed contract price due to increase in lumber price (which seems to have fallen 3X since...
Hi everyone! My husband and I are looking to purchase our first rental. I've been looking at the markets and was hoping to invest in either Brownsville, TX or somewhere in NC like Asheville or Charlotte. I'm feeling a...
Hey yall!Richard here from Dallas (Grapevine). Just want to share a quick story for some encouragement and maybe get the wheels spinning for you on some out of the box real estate thinking. A few years ago I traded ho...
Question: Should I network to find a partner and hard money lender BEFORE or AFTER finding a deal?Background: I am new to the investing world with only 1 renovated 3-flat in Chicago and 15k in savings. In order to fin...
I’m trying to obtain my second rental investment and I’ve come to the realization that saving up the 20% everytime, is just not realistic for the goals I have in mind. My biggest goal and aspiration is to successfully...
Hi everyone.I switched from a W2 to a 1099 recently. I wanted to take out a 30 year conventional loan from caliber home loans. I applied to other banks also. I do not own any property. Credit score is excellent. 250k ...
We have been casually looking at 2br cabins in the Sevierville area for the last year. Although prices seems to have significantly risen, we are still considering a purchase.I listened to Avery's podcast where she sai...