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20 March 2018 | 6 replies
It should be noted, the triplex has a 200k line of credit on it.
9 September 2017 | 1 reply
We're aiming for around a 20% downpayment since we're so young and credit takes time to build.We're hoping to do the Cardone approach to investing with multifamily and buying 4-12 units at a time instead of buying single homes.
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9 September 2017 | 0 replies
Hey BP,My goal is to hear some advice and/or pointers on what has worked for people with experience in what their advice is.Background:I'm a Carpenter in Northern California working for a General Contractor totaling 40Hrs-60hrs a week My current work is mainly Tenant Improvements/Remodels, In the past I've done custom homes as well.I'm sole provider at the moment for my family and am saving what I can though it probably wont be significant for InvestingIssues (oppurtunities):Dont have much capital 5000-10,000 - Saving about 500 a month Dont have GC license yet - Will have GC license in November 2017Will have Construction Project Management Cert early 2018 (March)I'm looking to be proactive and find an oppurtunity to enter real estate investing with a sustainable stratgegy.Current thoughts:- I can work full time and get jobs on the side to add to capital power - wholesale remotly, with savings?
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12 September 2017 | 8 replies
Keep making money until things improve, and the value hopefully returns.
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17 September 2017 | 20 replies
I live in Southern California Los Angeles area, have a W-2 job in Irvine and no expenses or debts, with an excellent credit score.
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21 September 2017 | 123 replies
Banks and credit companies repo cars all the time.
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11 September 2017 | 26 replies
Ok, I'm hoping this is a one time thing, I mean they have awesome credit so surely they pay their bills.
11 September 2017 | 10 replies
That being said, I royally torched my credit and my savings over the past few years.
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10 September 2017 | 0 replies
I don't have a W-2 job nor tax returns from the last two years to be able to pull the mortgage under my name/credit/income.
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15 September 2017 | 2 replies
(this makes HELOC's essentially unavailable to me=/)My situation and where I am seeking advice:currently seeking lines of credit from multiple banks.