
16 October 2024 | 7 replies
Credit Score:For 10% down, lenders usually expect a credit score of at least 720 or higher.

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.

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.

17 October 2024 | 19 replies
If you see red flags on the credit or other areas, I would not accept.

16 October 2024 | 5 replies
Any recommendations for institutions that can extend a line of credit backed by a whole life policy?

11 October 2024 | 7 replies
It really depends on the scenario.If someone is in deep waters, BK, foreclosure, terrible credit, etc.You don't want to be above 60% LTV as that borrower has an incredible risk of default.

18 October 2024 | 8 replies
and on the business you own 50% of the K-1 will say that, so you will be hit with or credited with 505 of the business loss or income.

14 October 2024 | 7 replies
Always posting to social media about how terrible our apartment was.

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.

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.