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All Forum Posts by: Kizzy Robb

Kizzy Robb has started 10 posts and replied 87 times.

Post: $18K - What Would You Do With It?

Kizzy RobbPosted
  • Investor
  • Saint Louis, MO
  • Posts 87
  • Votes 32

Hi BP

What advice do you have on investing 18K cash that will give you the best possible return on your investment?

Buying a primary residents isn’t an option. Anything else is possibly on the table.

Post: When HELOCC isn’t an option!

Kizzy RobbPosted
  • Investor
  • Saint Louis, MO
  • Posts 87
  • Votes 32

@Scott D Burrows - Indeed, it is great advice. I got so tired of being told no, the last bank, I just asked what kind of “products” do you offer for investors, lol. I like being specific and having a clear idea of what I should be asking for.

Post: When HELOCC isn’t an option!

Kizzy RobbPosted
  • Investor
  • Saint Louis, MO
  • Posts 87
  • Votes 32

@Ray Johnson - Thanks. I was going to open an account up with them in the past. I’ll look into that.

Post: When HELOCC isn’t an option!

Kizzy RobbPosted
  • Investor
  • Saint Louis, MO
  • Posts 87
  • Votes 32

@Steve Vaughan - Thank you. I appreciate your post & suggestions.

Post: When HELOCC isn’t an option!

Kizzy RobbPosted
  • Investor
  • Saint Louis, MO
  • Posts 87
  • Votes 32

@Andrew Postell - Great suggestions! I am thankful you responded. To know how many you tried before finding a few who could help, is an encouragement for me to keep asking around. Thank you!

Post: When HELOCC isn’t an option!

Kizzy RobbPosted
  • Investor
  • Saint Louis, MO
  • Posts 87
  • Votes 32

Hello,

I currently invest in St. Louis, MO. For the last few months I have contacted more than two dozen lenders (traditional banks, credit unions, etc) and have been told by them all that HELOCCS are not an option.

This has left me discouraged, as I had planned on using my two FREE AND CLEAR units to help finance additional purchases.

At this point I feel as I will never be able to get the equity out of my two units to help with the purchase of additional units.

Outside of a hard money lender to finance my deals what other options do I have? How can I leverage what I have to get what I need for more deals?

Post: Impact to your Credit

Kizzy RobbPosted
  • Investor
  • Saint Louis, MO
  • Posts 87
  • Votes 32
@Bryan O. - Thanks, I will take a look at the website. I’m always interested in learning how to maximize my efforts.

Post: Impact to your Credit

Kizzy RobbPosted
  • Investor
  • Saint Louis, MO
  • Posts 87
  • Votes 32
@Stephanie Irto - Thank you! I will have to continue to focus on the ratio, ask for those increases and be strategic about when I apply for personal credit vs looking for a loan for the properties.

Post: Impact to your Credit

Kizzy RobbPosted
  • Investor
  • Saint Louis, MO
  • Posts 87
  • Votes 32
@Linda S. - Thank you! I will have to continue to focus on the ratio, ask for those increases and be strategic about when I apply for personal credit vs looking for a loan for the properties.

Post: Impact to your Credit

Kizzy RobbPosted
  • Investor
  • Saint Louis, MO
  • Posts 87
  • Votes 32
@Maurice D. - I’m starting to think the issue is the credit cards and maybe not so much re-fi. This is good to know. I guess certain credit helps and certain hurts. I’m learning.