Has anyone on here used company credit to buy real estate? I've been talking to a company that said they could get me a company line of credit for 50-70k with in 6 months.
I was thinking what if I used the company ...
Beside the cost of a new home, the other costs seem to add up quickly. Between furniture, updates, insurance, all those things that turn a home to a house, "the forgotten costs" seem to add up quickly.
What are som...
Hi everybody! New member and first time posting here. I’m looking to get started in real estate. I am particularly interested in rentals for their long term stability and wholesaling for raising cash. Raising cash is ...
Should I stop making extra payments on my mortgage?Before I started looking to invest, I wanted to pay my mortgage off ASAP. I always put extra money towards it. I wanted to accomplish 2 things1) pay my mortgage a fe...
Investment Info:
Single-family residence wholesale investment in Myrtle Beach.
Purchase price: $153,800
Cash invested: $30,000
This was my 1st Rental Property in Myrtle Beach SC, using it as short-te...
Hey everyone,I am looking for opinions on the best strategy for my future plans.I currently have around $100k in my home equity and $20k in personal savings. My plan is to renovate my current home, turn it into a rent...
I have a few ?s regarding business entities and purchasing properties in the business name.
1. What type of business entity should I start for rentals ? Im guessing llc ? and why?
2. How do I get a conventional 30 ...
Hello BP, is there any problems with taking a personal line of credit out and seasoning it in your bank account for a few months then using it for a down payment and rehab?
Example : I take 50k out on a personal line...
I used a HELOC along with personal savings to build a small home in Dawsonville, Georgia. The land cost 65k and the home is almost complete which costs 100k. How long before I can refi out or get mortgage out or the...
Hey All!
Love this forum and all the great info I've been able to soak in as I embark on my REI journey! I am getting ready to purchase my first Investment Property following the BRRR strategy and am trying to decide...