I see several posts on people who receive LOC's (not heloc) to finance their BRRRR properties. How are they finding funds for this? Is it personal or business line of credit.Can someone provide a basic example on how ...
We purchased a 2nd lien, and by the time it was transfered, we passed the date to file as a secured creditor due to the prior servicers attitude of most will not make it through CH 13, and they are over 2 years into t...
Ive been to several local banks here asking about lines of credit and none of them seem to offer that. While speaking with on lone officer they mentioned a credit card.
So my question is:
What is the big difference b...
There are a few cash offers in my area that I would like to take advantage of but I don’t have the cash to do so and rehab.
Is it possible to get a line of credit of $50k or more? If so, how?
My credit score is 700+
Hello all,I am a newbie learning as much as I can about real estate investing. I have understood the BRRRR method. My question is, what are funding strategies that some of you have used to start off? Have you gone the...
Both my private lender and myself are new to private money loans. What is the normal or recommended way to document the loan so that both the lender and the lendee (me) are covered? Is it a promissory note or...? I...
Hi Everyone, first time poster here in the BP forum, I'm a newer member and investor and love the info on this website. Anyway here is my question. I have been approached by a company that claims to be able to sell me...
We have an LLC which is about 9 months old and are trying to establish business credit. I have gathered from other postings that you want to try to get 5 trade lines established and that the business must be at least...
Hey everyone,This is probably a silly question but could I take out a personal loan ,for instance from lending club, to cover the money an HML won’t cover?
Hello all! I’ve got a really good potential flip I’ve found that’s got great numbers. However the downpayment for the property is where I need the help of a private lender. I am wondering is it possible to find a pri...