I'm a super conservative dude when it comes to debt, I spent my twenties with zero car and credit card debt so I'm by no means frivolous with use of credit.

Forget the business cards, forget the LLC, forget what your parents told you, just go put some deals together!

*How do I structure this deal Hi Fellow BP, Out of the blue i had a buyer contacted me because he grab my business card somewhere.

I resubmitted my offer of 130K cash and the agent told me five days ago there is no other offer.

I currently own three single family homes but I'm planning to acquire seven more in the next five to seven years.

Most banks here, will do unsecure lines only up to 10kObviously I have credit cards, where I could take low apr cash advanced, but they have upfront fees to do so.What I would like is to find a local bank, that would do a unsecured line of about 50k, to supply funding, then I can refinance a few months later., would also allow me to move quicker.

He sends me a email checklist requesting taxes, bank statements, SSN (picture of card), drivers license, etc.

However, if the numbers don't make sense, I'm not committed to keeping it.Right now I'm reading through Gary Keller's The Millionaire Real Estate Investor and William Nickerson's How I Turned $1000 into Five Million in Real Estate.

It does not sound like there is enough equity to pull out a home line of equity so you would need to use savings or credit cards to pay for repairs.

I want to be debt free within the next five years..that's my ultimate goal, and to build on that so I wouldn't have to worry about depending on SSI when I reach that retirement age.