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16 October 2024 | 5 replies
Any recommendations for institutions that can extend a line of credit backed by a whole life policy?
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17 October 2024 | 10 replies
I currently have 5 properties; 7 units. (1 office building, 2 duplexes, and 2 single family homes) I am currently pulling a line of credit out of my office building and will be using that to purchase a 6th property.
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19 October 2024 | 0 replies
Lenders: Strong connections can ensure timely financing, even with tightening credit standards.
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17 October 2024 | 19 replies
If you see red flags on the credit or other areas, I would not accept.
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18 October 2024 | 6 replies
You may need to explore different financing options such as short-term fix and flip loans, home equity lines of credit, or even remortgaging another property.
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20 October 2024 | 84 replies
I was a Dave Ramsey person for several years and I use his snowball strategy to pay on my lowest loan if I have the extra money.
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16 October 2024 | 2 replies
I’m looking at private lending to flippers with a line of credit or using a line of credit to put a down payment on a new cash flowing property (which is extremely hard for me to find right now) but with a line of credit as a down payment I would be financing a new property at 100% at unfavorable rates.
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11 October 2024 | 8 replies
What's the lowest credit score you will allow?
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16 October 2024 | 3 replies
Dealing with a mortgage broker and have reached out to my credit union, but looking for suggestions of trusty brokers that the community has used in the past.
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17 October 2024 | 4 replies
You can:* accept as is (or ask for credits)* demand the seller fixes it and gets town sign off* demand the seller rips it out (e.g. an illegally finished basement)In theory, these changes should be grandfathered in and aside from legitimate safety concerns (e.g.