Can someone explain to me the best use of an line of credit. I want to use it to acquire a rental. Fix the rental then refinance and pay off the line of credit. Does that make sense?. Will that work?
Hi BPs. I hope you will forgive me if I'm in the wrong forum but this is only my second post. I have mortgages on 4 properties, all of which are in my name. I've had these properties for 6-8 years. But I want to e...
Do any one know in good source to get unsecured business line of credit. Newly formed LLC need quick cash and don't want to use hardmoney lenders to get into deals. FICo 738
Hearing people say I have a credit line to pull money out incase i need it for a deal. Speaking to a banker just left me confused as she was tap dancing around the Question when i asked her to clarify. Am i looking to...
What advice would you give to a first time investor on how to find, what to look for, how to analyze, acquire financing, negotiate, and buy one of these properties in these market conditions?
What items would you like to see inspected when doing a Flip? Do you need a full buyers inspection?
While opening up the walls in the kitchen in our recent purchase -- a home built in the 40's with galvanized pipes -- I uncovered a leak in the wall behind the tub in the master bath. I already need plumbing work in t...
Hello everyone! Just wanted to ask a quick question. I am a long-distance investor, how can I leverage my investment property to get another one? I know I have equity but don't know how to get access to it.
Looked in...
Let’s say I find a property that’s just barely cash flow positive (I am in the SF Bay Area so its hard to find great +ve CF deals.. not impossible but difficult for new investor). One of my concerns is how to mitigate...
Hi all I am new to septic systems and am looking at a multi family property currently on septic but fairly close to a CO OP like sewer line. The septic system has been replaced in the last 2 years and pumped and certi...