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All Forum Posts by: David MacGown

David MacGown has started 2 posts and replied 12 times.

New Member Introductions

Post: A Michigan introduction

David MacGownPosted
  • Real Estate Investor
  • Ann Arbor, MI
  • Posts 32
  • Votes 8

Please accept my apolgies for waiting so long to introduce myself. I am interested in networking with other likeminded investors in Michigan, Seattle, San Francisco and the Tampa Bay area... I just wanted to say that I think this web site is the greatest! Please check out my profile, Thanks!

David MacGown

0 Votes
Private Lending & Conventional Mortgage Advice

Post: partnering with homeowners

David MacGownPosted
  • Real Estate Investor
  • Ann Arbor, MI
  • Posts 32
  • Votes 8

Hope I picked the right forum for this question...In light of our current credit crunch and my lack of excellent credit, acquiring a business line of credit seems unlikely so I have heard of partnering with homeowners with good credit and equity. By helping them get a HELOC they can earn a good income from a dead assett while investing in a real estate investment company. I thought this might also be a great way for me to raise the startup capital needed for my business as an alternative way of acquring business lines of credit for business expenses...especially for those in michigan who still have equity in their homes. Please point me in the right direction so that I can educate myself on this and learn how to go about setting this up.

Thank You!
David

0 Votes