This is a two part question, first what is the difference between a regular LOC and a business LOC? Second, could you get a line of credit on a rental or can you only get LOC if you live in the house?

Thanks

I just got notice today that Advanta Corp is closing all business credit card accounts effective 5/30 (in 4 days). That's not much notice to try and get things shuffled around. Has anyone else run into issues like t...

Hey so I’m in need of advise since I’m new to investing. I possibly have a couple deals I’m partnering with ppl. I found someone who is potentially going to fund my deal for 3% interest and $500 up front cost to loan ...

Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...

Hey Guys,I've been reading up a lot on mailing campaigns, and it seems like a lot of people have disappointing results. I am wondering if people have fared better with hand-addressed envelopes with printed letters ins...

Hello bigger pockets! I can't believe it's my first post here; I've been reading in the forums and listening to the podcasts for the past year trying to get educated on real estate. I've had a really good paying job f...

How many of you out there use a Credit card for your investing BIZ or personal life? My wife and I don't use them because of the Dave Ramsey movement, but now that we are doing well with money I might consider it?  wh...

Help, I'm going to give as many details as possible because I'm just getting started and could use some good advice.  I currently own 5 properties including my primary.  2 of them I just purchased as bad shape rehabs ...

I've read a few blogs regarding using credit cards to fix and flip properties. I have two main concerns and I was hoping could give me some advice: 1. Credit score: How does a cash advance impact your credit score? Le...

Hi all. I'm working on a blog series to help the newbies and wanted to get some material from some of the experienced flippers out there. In one simple sentence, where did you get the money to fund your first flip? Eg...