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20 December 2019 | 6 replies
I use mix of cash/credit/equity as a reserve... don't account on monthly basis for vacancy, capex, or maint.
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10 July 2018 | 4 replies
We have excellent credit, so I don't know why they didn't offer that type of loan.
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12 April 2020 | 29 replies
I live in Chicago, not terribly far from Wrigleyville, so I know that area and what rents command and how popular Airbnb rentals are in that area.
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12 July 2018 | 10 replies
I am in the business of real estate investment funding and business lines of credit.
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10 July 2018 | 5 replies
It lists the line of credit, are they referring to a heloc on the property?
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11 July 2018 | 4 replies
After you have reached this number, you use CREDIT to pay for any repairs that come up and pay off that credit with your 40% surplus income each month.
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27 July 2018 | 24 replies
@Edward Powers, I think getting your real estate license is a terrible idea unless legally compelled to do so in your state.As to wholesaling there are many paths you can take.
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11 July 2018 | 5 replies
Howdy @Bryce SablotnyFirst please provide comments in your post as to what you what help with.My overall impression is this is not a good deal. 1.34% COC ROI is terrible Return.
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12 July 2018 | 44 replies
I am new to BiggerPockets, but as a Credit Analyst I have the following thoughts: First, if this is a pro forma then you need at least the trailing-12.
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11 July 2018 | 14 replies
My credit is in good shape.