Leslie Richardson
What to do with MY HELOC
Primary resident has a HELOC, bank has frozen the HELCO Im paying it down, and I have never been behind on it, all bills paid on time, but debt of CC are maxed. Have almost 400k in equity dont really want to refi into...
Morris Layton
Need LOC on undeveloped land
My client has a 2.01 acre undeveloped lot in Sequim, WA. The land is worth around $175k to $200k. He is seeking 70-80% LTV. Please let me know if you can do this deal. Also my client has a 700+ credit score, just a li...
Val Petkov
Purchasing Notes
Hi Everyone,I am working with a client who is sitting on some substantial amount of land and several businesses. Several years ago, she had to do some sort of bankruptcy as advised by her attorney, and was forced to d...
Dustin Ruhl
How do you use a HELOC on Investment Property?
How To Use A HELOC On Investment PropertyA HELOC, or Home Equity Line Of Credit, is somewhat like a mortgage or a home equity loan. The difference between a mortgage and a HELOC is that while a mortgage is a loan for ...
Dan Shelhamer
No Fee, Fixed Rate Personal Loan
I receive multiple of these letters in the mail every week about "Pay off credit card debt with a no-fee, fixed rate personal loan". It always says I'm pre-approved for anywhere from $35k-$75k.Has anyone every used t...
Carolina Mejia
HELOC W/ LOW CREDIT
So I am trying to do a HELOC to be able to pull equity from my current investment (only have 1). My credit is low 618 give or take- (I am working on it with credit versio- removing somethings that are bring down my cr...
Daniel Vineis
Small loan under 30K
Hello BP family! I am trying to solve a situation for one of my clients in New Jersey. They currently owe $26,000 in municipal taxes. They own there house free and clear and would like to remain in it. They don't have...
Frank Oudheusden
Student Loan Risk Vs. Real Estate Investing
All,
I have created a pretty solid REI business plan and have taken down my first deal. A SFH for 50k rented at $1300/mo in Rochester, NY. 15.1% Cap Rate, 23.6% CoC Return. A great deal by most standards. Now I'm ...
Ginger Spurlin
Quickly Becoming Over Leveraged on Credit Card renovating a House.
What do you when you used credit card debt to renovate a house that was over budget and still need to finish the renovation?
Richard Villandry
School Loans are KILLING ME! Any Advice?
Hello,My big goal is to get into REI at some point (sooner than later). Before i do this i want to get all my personal finances in order. I'm currently 27 yrs old and have around 70k in school loans ranging from 4% -1...