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Im in the process of obtaining an unsecured business line of credit for $70K to use for a purchase, rehab, and flip opportunity. Unfortunately, I was not approved for the credit line, but was said to bring in a partne...
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Hello BP House Hackers!
I have been reading blogs and listening to podcasts about house hacking and I am extremely interested in the whole idea. One issue, my wife and I have no desire to live in a house hack ourselv...
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Many real estate investors don’t realize how much they can benefit from separating personal and business credit. Business credit not only shields your personal credit score but also unlocks larger funding opportunitie...
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Seeking a bank that offers a prImary resIdence HELOC (All In One). We use PLOCs for our rentals and they work very well. We don’t want a fully amortized loan but a simple interest HELOC. Any bank leads are welcome. W...
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Hypothetically, as a builder / developer, would you pay a slight premium for property that has the federal historic tax credit of 20%, a state historic tax credit of 25% and a city empty building tax credit of 25% - c...
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I discovered BiggerPockets through the Spotify podcast and have become hooked, listening to 2-3 episodes each day and catching up on old shows.I currently have 3 rentral properties for a total of 4 units, in addition ...
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My property is up for rent near LSU and I’ve only ever rented to graduate students. I have an international applicant this time around that has great references and her PhD letter from the school, but she has a collec...
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Hi BP, just trying to get my ducks in a row, so far, I have just broken ground to residential market. I am exposed to government and commercial tenant improvements or construction, where we are to perform then get pai...
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With the current 30-year fixed mortgage interest rate at approximately 7.05%, I am curious about the additional interest I might have to pay for an owner-occupied duplex. Both properties have a 20% down payment.
As a...
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Hey everyone! Need a fresh set of eyes to see what makes the most sense for us.We own a rental home on 1 acre outright with the potential for 3 more septic tanks/home sites. We need $15-30k cash to put a mobile home o...