Hi All-I'm looking into purchasing a mid-sized apartment and in the middle of researching financing for these types of deals. Ideally, I would like to leverage my down payment as much as possible. Hence, I will be c...
Has anyone ever used 0% interest business credit cards or lines to make down payments on properties and later refinanced the house/property to pay off the cards or just let the tenants pay them off? If anyone has done...
Hello and thank you for reading. Bottom line up front: Is it a reasonable assumption that Cost of Funds will be higher than 3.50% five years from now? Additional Info: I'm purchasing a 24-unit in Pittsburgh and am com...
So i am looking to form an LLC soon to invest in rental properties. Based on the research I have been doing I have decided to start off buying properties in my name and starting a property management LLC to manage the...
Hello,
I am wondering if there is a best way to go about getting a HELOC. My credit is great and I have over $100k in equity. Should I look at small, local lenders or is it generally better to go with nationals lik...
Thanks in advance for your response. Much appreciated. Happy holidays. Another question, does the depreciation is calculated from the time when house became a rental property or I need to include depreciation during t...
Hi im new to the site, and new to REI. I've been reading "Buying Real Estate without Cash or Credit" by peter Conti & David Finkel. Its a great book, and my nose is in it whenever im not at work. I was just won...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $55,000
Cash invested: $40,000
We found this one from a Wholesaler in the area and we jumped on it. Older individu...
Hello everybody, My name is Malik and I’m very new to when it comes to real estate. I’m interested in getting into short term rentals and don’t know where to begin. I don’t own any property and have little money to pu...
Good Evening Everyone. I have a property (SFH) worth approx. 190K and I currently owe 125K. What is the least expensive/best way to free up some of this equity to use on other properties? If HELOC is the answer, do...