Choosing the right lender for a HELOC (Home Equity Line of Credit) can make a huge difference depending on your goals.

This slippery slope leads to practices that harm clients, damage reputations, and erode the foundation of trust that’s essential in the real estate investment industry.As brokers and lenders, we should celebrate the success of our clients.

.- increase in vacancy to 30%, 40%, 50% (this could be a combination of bad luck: one unit water damaged, one unit tenant trashed, and you have to evict two more - on a 10 unit portfolio that would be tough, even though only temporary)- lower rents (for whatever reason, what happens if rents go down 10% or 20%?)

But I'm guessing maybe your credit is too low for that?  

Hi everyone, What type of weather damages do you see in Kansas City?

Leveraging a HELOC (home equity line of credit) could allow you to invest in multifamily without completely draining your savings.

We consider background checks and credit checks only good for 60 days. 

The customer signs our contract , we get 1 /3 down .Now people tend to thing thats for materials , thats partially right , First it secures you a time frame , if you cancel we keep the deposit as liquidated damages .

Credit Union, Brokers, Banks (all have different advantage & disadvantages). 

Either way if you personally guaranteed the note, yes it will affect your personal credit no matter who the property is titled to.