James Treby
Advice on the best way to pull money out of my house.
Hello BPI posted this on the PRO section and did not get much response so let's give this forum a whirl. I am a new to the real estate investing game and was looking for some advice on what I should do to possibly pul...
Eric O.
Consolidate consumer debt into HELOC to lower DTI?
My wife and I have the opportunity to keep our current home and rent it out while we purchase a new primary residence. Keeping our current home and converting it to a rental would be our 4th rental. It'd cash flow abo...
JD Peterson
Advice Please: Debt Consolidation Using Equity - YES/NO?
Thank you in advance for your help! I'm trying to figure out, big picture, if this is worth it and I would DEEPLY appreciate the advice of people who have been working with real estate (investors, financial planners/i...
Account Closed
DIY Debt Consolidation & the Aftermath: Credit 'Repair'!
so, couple months ago i settled multiple unsecured credit cards and now finally they are reporting as closed (by the consumer) and settled (for the amount agreed; a few say for less than the full amount, though).my fi...
Justin Fenlon
Using a line of credit for loan consolidation
I've heard of strategies with people using a LARGE line of credit as their primary financing tool. For example, 5 units at $200,000 each is their collateral for a $1,000,000 line. When the line is paid down enough, ...
Daniel L.
Consolidating multiple parcels for urban condos/infill development
For those of you that can tolerate a novel...Here's what's going through this novice investor's mind : ) After a year of REIA meetings & a reading a shelf of books I’ve just gotten my first property under contrac...
Miho Y.
Pros and cons of real estare loan consolidation
We have 2 cash flowing properties. We want to refinance. By consolidating (cashing out from one and pay off another), there is a significant saving monthly. However, this means one properly becomes free and clear. Ha...
Brian Reinhart
Leverage existing assets, cash out refinance to consolidate
Hi, I want to buy a property using either a HELOC or cash out refinance on my primary, then use a 401k loan to cover the rehab expenses. Once rehab is complete, I want to do a cash out refinance on the property and ei...
Zachary Mayo
Consolidating all separate mortgages into one large account ?
I was wondering if there is a way to consolidate all three of my mortgages from 3 separate multi family properties into one large mortgage with one interest rate? If so any leads on where to find a lender willing to d...
Lisa Brooks
Consolidating natural gas lines to incentivize potential tenants
Hey BP peeps -
I own a 3-flat in Chicago. Live in one apartment, rent out the other two. I've had a lot of work done to this 100 year old building during the 7 years that I've owned it including work to fix gas rel...