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19 December 2024 | 3 replies
Alternatively you can do the LOC (line of credit) on it so you can retain the home but are definitely subject to today's current rate environment.
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17 December 2024 | 9 replies
Sometimes the cheapest option isnt the best option, and most over-the-phone rate quotes (saying "I have 800 credit and 20% down, what's your best rate?")
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19 January 2025 | 269 replies
Will bank credit still be around (at what terms)?
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23 December 2024 | 24 replies
Some lenders do have minimum credit scores to access these loan types, but it is the exact same qualifications for income and assets as non renovation loans.
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17 December 2024 | 9 replies
Also, be honest with yourself that the approach you describe is intended to take advantage of people who just don't understand what a terrible deal you are offering them.
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9 December 2024 | 38 replies
Your credit will drop if you don't use credit.
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17 December 2024 | 27 replies
I am currently looking for a small local bank or credit union that issues lines of credit collateralized with investment property.
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24 December 2024 | 9 replies
We talked to our accountant and she was recommending individual LLC's as well as individual checking accounts/credit cards etc..
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26 December 2024 | 21 replies
This can result in significant financial loss and damage to your credit score.
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19 December 2024 | 13 replies
Thank you very muchJaša This is how traditional banks, private credit funds and anyone in the lending space works.The challenge you will have is finding someone to give you money at X%.