Good Morning BP community, I was wondering if anybody has used any alternatives to money reserves. Can an investor use hard money lenders or private lenders to pay for a few vacant months on a MF rental property or ma...
Hi all! A multi-unit property was purchased for $140k. The estimated value now (roughly) is $200K. Couple is divorcing, husband wants to keep the property; wants ex-wife's name off of property/loan. What is the bes...
Hello BP, is there any problems with taking a personal line of credit out and seasoning it in your bank account for a few months then using it for a down payment and rehab?
Example : I take 50k out on a personal line...
I have a secured credit card for about 4 month from my bank to build credit should I also get a secured capital one card as well? Would it help me build credit faster?is it better with one card or more than one? Need ...
How can you be sure you’re using the best funding source possible? Are credit unions safe over time since run by state? Are they better than your smaller bank that could change ownership over time & give you the b...
Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?
For all of you active real estate investors that want to be able to pounce on a deal as soon as you find it, I'm assuming you are always in good standing with a lender and have a pre-approval letter ready to submit wi...
im an aspiring real estate investor and devolper. Im currently getting my real estate and appraisal licsense i wanted to know what can i do to get started witb my own property my credit is shot so anything that doesnt...
I have not been able to find a bank that can do a HELOC on my rental properties (Utah and OH) these days. I would appreciate any help here. Thanks in advance.
Hello all, my name is Lakeisha, and I relocated to the DC area about a year and a half ago from Boston, MA. I have a pretty good job that pays well, and life in general is good. I bought my first home last year, a...