All Forum Posts by: MIchael McCUe
MIchael McCUe has started 34 posts and replied 78 times.
Post: what's the general gist on HELOC Financing for Rental real-estate

- Posts 79
- Votes 13
"I like HELOCs because it doesn't change the interest rate on the property. A regular home equity loan is usually where you refinance and there's a change in the interest rate."
What's a higher profit mainly?
exactly what is the ROI advantage as a percentage I can't find this somehow, I bought 300k I guess its 7k CAD per year in PMI so a gain of 3.5 to 4.5k for my personal amount of 40k downpayment annually my understanding anyways otherwise thank you for the time much appreciated
Post: Secured and unsecured loans

- Posts 79
- Votes 13
not a HELOC instead a Heloan
Post: Family book on real-estate how complete it is atm (pleas let me know )

- Posts 79
- Votes 13
Sorry Im not the best typer, my apologies.
Post: Family book on real-estate how complete it is atm (pleas let me know )

- Posts 79
- Votes 13
Hi I’ve got the better of my family we all love to buy real estate I wanna have a good standing as far as our business hopefully one day will be generational income I wanna perfect what is have listed below in bullet point as far as what will make me the most money generally speaking.
FHA loans
leasing such as all assets available cars, central residence , boats.
Secured and unsecured blanket financing
Taxes Only 4K fixed
This is staple information I believe let me know if theirs more and what the recourse I will get using the theory, thanks
Hopefully this is lateral stuff that retains to the common denominator of the books available much will be appreciated for the interest otherwise.
Post: Family book on real-estate how complete it is atm (pleas let me know )

- Posts 79
- Votes 13
Hi I’ve got the better of my family we all love to buy real estate I wanna have a good standing as far as our business hopefully one day will be generational income I wanna perfect what is have listed below in bullet point as far as what will make me the most money generally speaking.
leasing such as all assets available cars, central residence , boats.
Secured and unsecured blanket financing
Taxes Only 4K fixed
This is staple information I believe let me know if theirs more and what the recourse I will get using the theory, thanks
Hopefully this is lateral stuff that retains to the common denominator of the books available much will be appreciated for the interest otherwise.
Post: Secured and unsecured loans

- Posts 79
- Votes 13
Alright well I wanna finance as much as I can what type of terms do they offer on unsecured loans that are available based from income history generally from a job, is their a new loan opportunity every 2 years as long as you maintain a job or a similar income ? thanks.
Ie. can you get another loan 2 years after the first that your payroll recourse provides, if that makes sense.
Post: Is the real estate tax attorney a requirement in the name of fundamentals

- Posts 79
- Votes 13
Pleas I don’t know but I feel like theirs and urge of importance hear thanks you in advance salu
Post: Is creative finance in manufacturing

- Posts 79
- Votes 13
Quote from @Chris Seveney:
@MIchael McCUe
Called a c&i loan. Not sure how you’re thinking of profiting off of it.
Is it a common practice normally in this business for most owners I just wanna expand what I know about how finance is suppose to be done, thank you
Post: Is creative finance in manufacturing

- Posts 79
- Votes 13
Quote from @Andrew Postell:
@MIchael McCUe are you asking about a manufactured home? Or a manufacturing business?
Business