All Forum Posts by: Joshua Chen

@Miguel Rodriguez

Thanks! I'll be sure to keep BP posted on the plan.

hm.. I will call all my local small banks and credit unions and ask. Thanks for the response!

I'll take your advice

Does anyone know much about the policies and regulations behind starting an online business? I heard that it's a newer field and I've been curious about it. I actually already have an idea in mind for an online business.

hm.. well other people in that situation have succeeded, so you can too!

What does "subject-to" mean? And how does it fit into the picture of creative real estate financing?

Is it possible to get a line of credit on an investment property? Like HELOC, except for investment properties rather than primary residence? And if it is possible, does anyone know institutions that offer this service?

Yeah I would say that HELOC is an option

What does everyone think of investing money by becoming a hard money lender? I'd imagine it's quite riskyball, but I see potential in the high interest rates.

Sorry for the possibly semi-dumb question, but what happens if you sell a property with a balloon mortgage on it, before the balloon "pops" ?