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Just opened up an AMEX Blue business card that has a 0% APR for 12 months. Plan was to transfer the balance onto my HELOC (AMEX will charge a 3% transfer fee) that I just used a portion of to buy two rentals, then pa...
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Hello biggerpockets so if you're saving up money for a property where would you put that? Would you leave that in the bank with like .01% interest?I was thinking of getting a ROTH IRA? would that be the smart move if ...
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I am in the process of buying my second rental as a cash purchase (i lack income proof to leverage) and I have just enough for the offer I made and can either 1 - take on a partner for 10k (friend or family) which wou...
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I have a little cleaning business that makes little money. I keep getting calls saying ''we will give you up to 150k to purchase anything for your business needs''. I get tons of offers for business loans.I was thinki...
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Hello BP!I recently heard in a seminar and podcast that you can use credit card debt for a down payment on investment properties. Has anyone heard of this strategy or any other strategy where you can use your credit c...
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I'm going through the underwriting process right now to see how much of a HELOC I can get to leverage the down payment on my first Buy & Hold Property.
This process I was told can take 3-4 weeks (appraisal, cred...
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I searched the site for some tips on this, but couldn't seem to find what I was looking for.In my mind getting the seller to carry a note on a property (to bridge the downpayment if possible or to cover the whole purc...
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How much money could one expect to get from a typical bank with credit scores near 800 and pretty decent assets?
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i need a short term loan (40k) against the equity in my primary residence. i own it free and clear. it's valued at 65k. i have no stated income. credit score 675. $0 debt. i've inquired at the banks about heloc, but h...