But be prepared to change up a bit from the Air B&B for when the market corrects again as vacations may dwindle a bit.

I hope this isn’t a dumb question, but when comparing rates and terms for HELOCs from different banks, is it possible to provide my income/current expenses/credit score or SSN to run a credit check and estimated home value to different banks and get a good faith estimate of what the rate would be without having to apply first, since, from what I understand, I can’t apply at more than one bank at a time because it would be considered mortgage fraud.

I have a house which I bought on a line of credit (low interest rate, but tied to LIBOR).

I have thought about wholesaling but it seems like it would be tough to stay persistent with since I have a full time job.I have the credit to get approved for a loan but seemingly not enough cash for a down payment or to fund any rehab projects.I appreciate the help.Thanks,Daniel

If you're planning on flipping it and have good credit, go and apply to a number of credit cards that have high start up limits.

We're a 30 minute drive from it and in the beginning we'll be the ones turning it over but I'd love to know how distance hosts manage preparing for the next guest.

If the debt is more expensive then your return (think credit card loans) then pay that down first...

FYI appraisal cost in this situation at NFCU is $495.Questions for my fellow BPers... 1- do you know of any banks/credit unions that will lend when secured with a LLC and/or Trust Titled property?

This could be the same firm that prepares your tax return each year.

Many pros, but also many cons if you are not prepared.