Brian Sorensen
How does a lender in second position recoup in a fire sale?
24 July 2015 | 5 replies
Who ever is first debt position gets paid first from the proceeds of the sale.
Francisco Garcia Jr
How to get my S Corp Lines of Credit?
14 December 2015 | 15 replies
I have been contacted by many people claiming to be able to get me business lines of credit or unsecured lines of credit for a fee and most of the time this fee is 10% of the line or $10k...Already in debt and not into a flip lol The other way I can secure a line of credit is to have a company get me different credit cards and liquidate them down to cash, which basically destroys credit and when APR being different on card, this could spell huge bills?
Willis Seng
Planning on Purchasing First Rental: Financing question
24 July 2015 | 0 replies
I have a primary home with a mortgage already so I really doubt, I'd be able to get a normal conventional loan from a bank due to debt/income.
Matthew Nelson
Newbie from Maple Grove, MN
27 July 2015 | 4 replies
It sounds like we have much in common (no kids, debt, and work/life philosophy, etc.)
Alberto Urena
What should I do
28 July 2015 | 6 replies
In the process you will also accrue $1,680,000 of debt in the process, which is high for most people.
Linda Weygant
Rental Number 6 Under Contract
4 October 2015 | 31 replies
My DTI (debt to income) ratio would not support a higher purchase point.4.
Nalo Coban
Looking to refinance my rental/investment properties
24 July 2015 | 0 replies
Here's my story: I have good credit and no credit card, auto debt.
David Joselson
Non-performing Junior lien notes are becoming less readily available
20 October 2015 | 26 replies
Texas lenders are also not permitted to require borrowers to pay debts with proceeds of second mortgages or home equity loans.
Silvia Chloe
Funding Conundrum
24 July 2015 | 2 replies
In debt 100thou creditcard/private lender (but have 1x inheritance disbursement in 4 months to just cover debt).
Michael Stevens
Buying real estate using credit card leverage
25 July 2015 | 4 replies
The road to ruin can be financed by revolving debt.