I have a house which I bought on a line of credit (low interest rate, but tied to LIBOR).

I have thought about wholesaling but it seems like it would be tough to stay persistent with since I have a full time job.I have the credit to get approved for a loan but seemingly not enough cash for a down payment or to fund any rehab projects.I appreciate the help.Thanks,Daniel

If you're planning on flipping it and have good credit, go and apply to a number of credit cards that have high start up limits.

For example, what is the history of floods?

If the debt is more expensive then your return (think credit card loans) then pay that down first...

FYI appraisal cost in this situation at NFCU is $495.Questions for my fellow BPers... 1- do you know of any banks/credit unions that will lend when secured with a LLC and/or Trust Titled property?

History always repeats itself.

Although we can't be for certain on the payment history of the the tenants, we did find out that one tenant has been there for 13 years (unit B) while two tenants are getting their rents heavily subsidized by the government (I might add unit C is abandoned but the government is paying the rent until the lease is over in a few months or so I'm told and unit D is the one being evicted - he hasn't paid his portion).

Don't forget about credit unions!

@Ronald David williamson Seeing as though Denver real estate has never been more expensive in the history of the world, please shop a lot and learn the area very well before buying.