you can, you would have to pay back the mortgage company the money that was borrowed. reverse mortgage is a lien on the property for the money that was used. almost like a home equity line of credit.

To do well in real estate you need money, credit and a good team (agent, property manager, contractor etc)

I also am working with Sam Sharpe on the loan side, but I had to put 20% down (my credit score wasn't great, so maybe your situation might be different).

However, I see many investors use credit cards as their emergency funds, but spread across enough time you WILL have an emergency and therefore you WILL use your credit card.

Hi all, I was reading different ways of financing, I heard the podcast with david horn I believe and was wondering if people still bought properties with credit cards.

You'll be capped at a 2% of the purchase price max credit that has to get applied to closing costs. 

This way hopefully I can secure the lowest interest rate for the largest loanWhat is the best strategy to apply for multiple loans with minimizing impact on credit score.

Went back to two bankers last week that I got denied from for a deal—- and got lines of credit etc no issues and started a positive relationship.

The circumstances surrounding it aren't the greatest, as he was essentially screwed by his wife's sister after she agreed to use her credit to get them into a house that they paid down for $400K over 10 years, she didn't pay the down payment, or taxes an insurance, and now she is demanding more than half the $500K equity after saying multiple times in 10 years she wanted nothing in return.

If you could pick them up at 60-65% ARV (seller carry lenders typically don't have robust notes and deeds of trust, servicing notes, and pay histories) and work with the borrow to refinance at or near a full payoff, you'd make a killing.