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27 January 2025 | 2 replies
Hi Jerrell, The best option for trying to get a HELOC on a property would be to check with local credit unions.
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29 January 2025 | 27 replies
A couple questions:1) Has anyone worked with local lenders like a local bank or credit union?
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4 February 2025 | 1 reply
Anyone over 18 fills out has to furnish their social security and driver's license numbers, and pays a fee for a credit / background check.
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4 February 2025 | 4 replies
Full credit/background check: Look for missed payments, and any theft is always a no go.2.)
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6 February 2025 | 2 replies
They offered to give me a credit on a future loan.
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20 January 2025 | 1 reply
I have the credit, experience and the knowledge on how to underwrite the deal to show their ROI in this arrangement vs a traditional sale.
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6 February 2025 | 4 replies
While I wait for my work history, I want to build credit and save for a down payment.
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24 January 2025 | 13 replies
When you tell them they will only get paid when the loan closes, they will disappear.If required, the only money you should ever send to the lender is for a credit check.
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21 January 2025 | 2 replies
Hi Anthony, it sounds like you’re in a good position to start building your STR portfolio, especially with no debt, great credit, and rent-free living!
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5 February 2025 | 2 replies
If your asset is older and/or smaller, you may have better luck with local community banks or credit unions.