I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.

When rates dropped Dec23, I remember one of my lenders saying they have a ton more apps so 2024 is going to be a strong year.

I’ve heard mixed things about it, and I’m wondering if it’s worth considering as a young investor without a lot of capital to start with.

Not sure the returns on that property given any more investment would be worth it.

I’m seeking guidance on how best to approach this situation and would appreciate your thoughts on what you would do if you were in my shoes.Here are the details: My current home loan is $242,000, and the property is estimated to be worth approximately $420,000 (± $5,000).

I will remember this, thank you!

Where an investor bought a ranch out at Big Sur CA. it was like 1000 acres above the ocean worth Millions..

I think house hacking with a VA is still well worth it. 

In my defense, it was so long ago, it's hard to remember. ;)

As I'm getting started I thought it might be worth working with a RE coach to help map out goals and strategies.