Larry Perez
Refinance and HELOC combo
Hi all,I currently have 2 investment properties, a house and condo. House: I purchase the house for 145K 4years ago with little down on a 30yr @ 4.25% Note FHA. After moving away for a job transfer I started renting t...
Mike Hansen
Line of Credit for rental property
It appears there are less banks/lenders out there doing lines of credits on a rental property vs primary home. What banks or lenders are other investors using to access some of their equity? Not looking to cash out re...
Stephanie Fritz
How to use an LLC for first deal
Hello,I'm a brand new investor and my plan for real estate keeps evolving. At first the plan was to do buy and hold so we've been treading water just saving money. However my husband and I both have homesteading goals...
Michelle Meyer
My first investment home
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $83,000
I bought this house as my home, moving from my 1st home after refinancing to put do...
Ryan Koziol
Acquired 1-bedroom rental property generating 30%+ cash-on-cash return
Investment Info:
Condo buy & hold investment.
Acquired 1-bedroom rental property, generating 30%+ cash-on-cash return. Currently appraising for more than double the price I purchased.
What made ...
Brian Smith
Refinance after writing Land Contract
I may be able to sell a house on land contract. Has anyone gone to the bank and refinanced the existing mortgage after the land contract is in place? If so how does the bank view the land contract? I would have to ...
Isabel Yang
Combining condos into an apartment
I own 7 residential condos as part of a mix use property with 11 condominiums. There are 7 residential units and 4 commercial units on this property. I own all the residential units. The water and sewer are shared. ...
Moshe Streicher
all cash vs mortgage
hi,im currently looking at a 2 family home,can buy it at 100k with value add opportunity of putting in around 15k and bring the value up to 150k.Question is do i put in the 100k in cash,do my add on and the get a mort...
Emmanuel Sasu
Sherman Bridge Lending User Beware!!
Sherman Bridge Lending-User BewareFalse promises, bait and switch hidden fees and spiked interest rates.Name of their game-- keep you locked in the hard money as long as possible.I've been using Sherman Bridge for the...
James H.
Hard Money Details
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...