Travis Juntti
BRRRR Cash Out Refi-Pay off HELOC
I've been searching for a potential BRRRR property in Metro Detroit. My buy option would be my HELOC which is on our primary residence. Currently it is at roughly 87k and 90% LTV. They offer up to 100% LTV which I'...
Luke Fruge
Advice for getting started!
Hi all! I've been wanting to get into real estate for a while, specifically multifamily rentals. I've been trying to do some research but keep feeling like I don't know what the next step is. I already have a partner ...
Bob M.
HELOC for downpayment on investment property
Hello everyone,This is my 2nd time posting on the forums, with another question regarding applying for a HELOC on my primary residence for the down payment on an multi-family investment property. As I'm getting to th...
Steven Gore
New Investor Looking For Advice
Hello all. I just became a Pro Member and I have officially started my journey as a real estate investor. I have been approved for a HELOC for 178K. I have also been pre approved for a mortgage for up to 580K. I am no...
Chris Kovarik
Pay cash in a less affluent area or finance in a nicer area?
I have enough cash on hand that I could purchase a home in a less afluent part of town, or finance in a nicer area?I've always been a little gun shy about borrowing money, but understand financing could increasing my ...
Thomas Fortune
Cash as Collateral for LOC
Anyone using cash as collateral for a line of credit? I've got a local bank that will provide LOC that's 2.5x the cash amount (100k in cash gets you a 250k credit line). Curious if others are getting better/worse offe...
Julie Dillon
401k borrow or withdrawal/ cash-out?
My husband and I are 51 and 52 and only recently got into real estate investing so we want to be aggressive in growing our doors. We have 2 single family homes and 1 duplex and now we are pursuing a 4-plex. We cant de...
Kenneth Westervelt
How to research a future apartment complex?
Location: north Aurora, Colorado.Size of lot: 8.21 acresPlanned for mixed use, 338 dwelling units (264 studios or 1-beds) & 14,000 sqft retail space. Owner appears to be hiring a development & construction fir...
Brian Smolin
Rent Stabalized Buildings NYC
Hi All, I recently completed my live in flip with a combination of the BRRR method and currently house hacking the property. I want my next investment to be multi-family buildings, I don't have much desire to go the s...
Account Closed
What percentage can I expect to put down?
I’m loooking at purchasing a small multi-family (3 unit) brownstone in Brooklyn for around 1.5 million. I plan on moving into it and renovating and renting the other units out. I am just starting discussions with mort...