Jack Raine
Property on Tax Sale has ~half of a structure
Check this out: https://www.zillow.com/homedetails/111-Albion-St-Savannah-GA...The majority of the structure is on the lot, 111 Albion, but it spans into the adjacent lot. This is up for Tax auction this week. How muc...
David Lauka
Question on HELOC on Financing
Hello BP Community,I am planning on making my first purchase(s) in the next few months and spoke with a few portfolio lenders and it looks like using the HELOC for financing is a great option. My line of credit will ...
Alfonso Aramburo Zepeda
100K Personal Line of Credit good or bad for BRRRing?
Today I got an offer from my bank that I’m approved for 100K in a personal credit of line. I don’t have any rentals income as I’m about to buy my first one. Truth is I’m highly motivated to start my investor journey i...
Robby Satram
Buying second house to rent
how to buy second house to rent it out,have 100 procent equity in first house,please advise
Shane Elias-Calles
Pay Off Debt Or Invest?
Hey BP Here is a current situation I need some advice on.Currently have 45k in liquid cash, and 60k on a HELOC. On the debt side I have a 9k car loan, and 7.5k on a zero interest credit card. Should I pay off the deb...
Warren Sterling
Lending Options: Conventional or Commercial
First of all....Thank you for your answers and your experience!
I am using an investor and he has offered to go to any financial institution and get a loan and/or line of credit to help me grow our money.
...
Kevin Aljic
Options for a loan for my case?
Hello, so I’ve found out that you can’t have a heloc on a rental. This my situation I have a primary residence worth about 630k and owe 360k. My investment property is worth 340k and no mortgage, generates $2200 rent....
Barbara Long
I need more buying cash
sorry no picture yet, I will. Your talking to blond hair blue eyed Barb. But anyway, I'm new here. I've been using my own cash to buy properties. How can I get more cash to start buy low rehab and sell. I don't want t...
Account Closed
Making a Cash offer (Question about episode 221 with Tim Shiner)
Hey all, Just wanted to ask a quick question that I had while listening to to most recent BP episode!The guest mentioned that when he makes an offer on a property he is much more successful making a cash offer over t...
Joshua D.
Lines of credit or mortgage?
So since I started I purchased my first 2 properties with cash. First one a duplex with $22,000 all in and cashflowing $700 a month. Then a SFH for $30,000 all in and cashflowing $400. I then took a line of credit ou...