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Results (10000)
LISA F. Building Business Credit Help
5 May 2010 | 6 replies

Hi Everyone,
This is my situation.
I have 3 (3) families properties in New York City. One of the buildings which I reside in is in my name and the other 2 I transferred into a LLC about 3 years ago so i have 3 mort...

Preston Quinn Anyone using a guidance line of credit?
17 December 2019 | 4 replies

Anyone using a guidance line of credit for their acquisitions? I went to my bank yesterday to hash out the details of my most recent brrrr deal, (which went great) and my banker suggested a guidance line of credit whe...

Tyler Morris Using HELOC to Purchase your First Home
16 July 2019 | 5 replies

I'm currently looking to purchase a new home and heard about a home equity line of credit. The concept seems really cool and the potential to pay off your home faster while still having access to the funds is very app...

Sean Salandy Will using HELOC lower my credit score?
23 March 2018 | 18 replies

I am planning to use my HELOC to purchase a property. The plan is to then refinance the property once the seasoning period is over and then pay off the balance of the HELOC and do the process over again. My question i...

Theresa Horsch First Rental Porperty, First Major Cap ex
30 September 2017 | 14 replies

Hello Everyone! Newbie here and my first property is in Longmont, CO which we purchased 1.5 years ago. Loving the BP community and learning lots!

We ran into a major plumbing issue over the weekend that will cost u...

Jeremy T. Loans for land / unsecured lines of credit
6 October 2015 | 1 reply

It seems frighteningly easy to walk into a bank and request an unsecured personal line of credit or even an unsecured commercial line of credit (w/personal guarantee). Is there a better alternative for borrowing money...

Marshall Stewman Question RE: Modeling Using a Line of Credit
1 August 2013 | 3 replies

At risk of admitting to over thinking this scenario, I'm having a difficult time determining the best approach to completing my financial model based on using a line of credit. The LOC is partially secured by a CD at ...

Michael Klinger Equity line question on a 1031 exchanged property
12 September 2018 | 4 replies

We did a 1031 Exchange a little under a year ago. Out of an office building --  Into 3 seprate multi-family properties. We are now talking to the mortgage lender (the same lender for the three replacement properties) ...

Matthew Mummert 1031 exchange Net Sale Proceeds
26 December 2018 | 4 replies

I'm new to posting on BP, but have listened to the podcast for months.  My wife and I purchased some land 9 months ago below marked value.  We improved the land over the past 9 months with the goal of building on it, ...

Quy Huynh Best Loan Scenario For 2 Multi-Family Apartment Properties
27 March 2016 | 5 replies

I have a 9 unit property in Florida where the bank is willing to lend me $318k on (75% LTV; bought for 210k in Oct 2015, value is now 425k). 200k is being used to pay off a private loan and 118k is the leftover credit...