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All Forum Posts by: Barbara Long

Barbara Long has started 12 posts and replied 66 times.

Post: I need more buying cash

Barbara LongPosted
  • Martinsburg, PA
  • Posts 67
  • Votes 4

Gotcha guys, thanx! I don't know what I was thinking! I forgot I had those properties paid for...to the bank Monday!! Thanks guys! I want these houses BAD!I Of coarse the business line of credit wouldn't be a bad thing just to have access to when needed for rehabbing! :)

Post: I need more buying cash

Barbara LongPosted
  • Martinsburg, PA
  • Posts 67
  • Votes 4

I mean cashing out my properties..i forgot about that!  :)

Post: I need more buying cash

Barbara LongPosted
  • Martinsburg, PA
  • Posts 67
  • Votes 4

I have done blanket mortgages in the past with no money down.  That's an Idea JOE! Thanks!

Post: I need more buying cash

Barbara LongPosted
  • Martinsburg, PA
  • Posts 67
  • Votes 4

Thanks Joe! I have 3 properties paid cash! But do they go buy your real estate taxes to get the loan ? or do I have to get these houses appraised?

Post: I need more buying cash

Barbara LongPosted
  • Martinsburg, PA
  • Posts 67
  • Votes 4

Thanks Mike! I haven't heard of that one?? What does that exactly mean? Is that like getting a business loan against my hair business? One of my banks mentioned that, $150k for 6 months interest only then if not paid goes into a regular loan. no closing costs, no appraisals. Is this a way to go?

Post: I need more buying cash

Barbara LongPosted
  • Martinsburg, PA
  • Posts 67
  • Votes 4

sorry no picture yet, I will. Your talking to blond hair blue eyed Barb. But anyway, I'm new here. I've been using my own cash to buy properties. How can I get more cash to start buy low rehab and sell. I don't want to do hard money lenders. I don't want to put a line of credit on m own house, don't really like getting friends and family involved as  lenders. Did talk to some banks..line of credit from my hair business...or line of credit on rental properties I have or any other ways???? I did see on one of the blogs about refinancing some of the properties?? hmmmmm...HELP! There is 5 houses within 5 miles of me vacant and ready for rehab at unbelievable prices!!! I need cash NOW!!!