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what is the criteria to obtain lines of credit? Business or pesonal lines. Can you choose to go stated income for both ways? Or is that left entirely to the lending institution? Is your personaal credit a determining ...
Hello everyone,
I have been reading these posts for a while and wanted to introduce myself. I'm in Knoxville, TN and wanting to get into the STR world in the Smoky Mountain area. My husband and I actually put an offe...
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What type of stores/businesses work best in areas transitioning from C to B? I'm doing a market analysis on a 6 unit commercial property and can't come up with potential suitors other than maybe: a cash/check store, b...
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Needing help in deciding whether to use an llc or not. Partnering up with another investor. We have known each other forever but business is business right ? Any advice as to the benefits and downfalls of using an llc...
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This has never happen before when we won judgement on eviction and then tenants said he got CDC Act housing assistance to pay off the money owed for the judgement. Now he is asking for his deposit since housing will s...
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This is probably a stupid question but I keep hearing get your finances in order but I not exactly sure what people mean by that? Another question to get pre approved to purchase my first property where would I go to ...
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I was searching the BRRRR group on Facebook and came across this post. How do I know if it’s a scam or not? I reached out but he won’t talk on the phone. Wants a $1870 fee up front and only 5% interest for the amou...
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Hey Community!I am currently on the search for my first fix & flip opportunity. As of now I am sourcing via wholesalers, MLS, and Non-MLS marketplaces. Long story, short... One of my mission critical priorities is...
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What does a balloon mean when talking about loans?