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Results (4,022+)
James Phillips Getting started by developing my own land?
28 August 2016 | 12 replies
It seems like the planning and engineering departments have a revolving door when it comes to employment there so there's been a major lack of continuity in the people we've been dealing with and the information we've received from them. 
Jennifer Atkins Grandfathered pets
12 October 2015 | 2 replies
They have empty apt and several other tenants that don't pay their rent and are like a revolving door here.
Kurt F. Primary residence, 100% equity -- now what?
15 September 2012 | 7 replies
If you cannot carry additional loans and keep your DTI ratio below the max of 40-45%, you can try to find a local bank portfolio lender that will work with you for now on something like a 5yr note (25-30yr amort), and hopefully finance out to 30yr conventional fixed loans in a couple of years when you have the requisite experience (and hopefully rates are still low)I wouldn't go the HELOC route unless you're planning to flip and the revolving line of credit is useful and will be paid down on a regular basis.
Max H. Is it possible to wholesale houses to non cash buyers (buyers who are using bank funding)?
31 October 2016 | 16 replies
Thinking my "NO" wsa misconstrued, yes you can get financing, as Dell says, forget "wholesale" thinking, that is simply selling to someone who is buying as an investment, guess what, most buyers buy thinking thier home will be an investment they cam live in!
Collin Schwartz 6 unit multifamily with 2 retail bays.
30 January 2017 | 4 replies
Usually in the leases, they pay a prorata share of Insurance, Taxes, and CAM's (Common Area Maintenance) with the other retail tenants.
Derek Gummersall Loan choice for first time home buyer?
24 February 2023 | 3 replies
@Derek Gummersall-  most  first time  buyer programs  revolve around low down payment programs  ....there is a new AMI  program for  fthbs that  have better  rates / fees  if you income  is under the county median income  .....in general - if you have  a 3% down payment - I would recommend using a conventional loan or a  FHA loan  ( with a  3.5% down payment ) 
Tom Juhn Peer to Peer Lending Sites
12 February 2013 | 12 replies
. :-)-Scores range from 300 to 850-Your credit score: 771--Key factors that adversely affected your credit score-Too many inquiries last 12 months-Too many accounts with balances-Length of time revolving accounts have been establishedSo the moral of this story is if you're buying a bunch of houses, you probably aren't going to qualify.
Amy Zemser Using your home equity to purchase rental units
25 October 2021 | 38 replies
The first is revolving debt like a credit card (payoff and use, payoff and use) the second is an installment loan like your first mortgage or a car loan.
Juan Campos First investment, Condo or duplex?
15 January 2022 | 14 replies
Reason I'm thinking of a condo is because I cam attack the principal aggressively and finish paying it off in 3 to 5 years.
Therese V. Creative Financing or Dumb Idea?
15 February 2015 | 22 replies
That statement is made assuming you do pay off the revolving cards in full every month of course; if you don't then you incur interest on new charges anyway.Regarding this making your credit score drop: if your charges on the card exceed some percentage of the maximum credit limit, then your credit score takes a big hit.