Am in the process of purchasing another SFR. The question is this. Should I pay cash for the unit or use a revolving credit loan at 6% that my bank is offering me.
Snapshot of issue:
I have accumulated 5 small multi-families. 4 in Indiana, 1 in Portland, OR. Through that have had to heavily renovate one and two others with significant tenant turn over needs this past year. I ha...
I checked out my trans-union report, and it said that like a measly $7,000 in sallie mae loans that I took out a few years ago are utilizing 48% of my revolving credit. Isn't that going to hurt me when it comes time t...
Hello All!!! In New York, I went to my Chase banker and they said it's impossible for them to give me a home equity line of credit on my free and clear condo investment apartment that I rent out. I guess this is true ...
We use MINT.com, which is nice.According to MINT, what is largely dragging our credit score down (it's a 758) is credit utilization.That's a few credit cards here and there but predominantly our HELOC is 60% utilized ...
Following a BRRRR project, is it better in your opinion to cash out refi or take out a HELOC and why?
How can I fix my credit ... I don't know what my credit I know that's very sad for a 23 year old not to know .. I have never owned a credit card or used my credit in any way . I want to start purchasing some houses c...
This is a brief synopsis of today's Credit Industry Changes Workshop ...The changes in the credit industry discussed at the workshop today went into effect on June 1st - my mistake: I thought they were coming on July ...
Last year I bought a house with cash for 35k and fixed it up myself using credit cards (20k). I have a total of 30k on my cards and I would like to know how to improve my credit so that I can get a good rate on a mort...
Hard money costs a lot for a newbie investor. I know that there’s lots of benefits like fast cash, doesn’t show on personal credit, etc. BP, if you had access to a personal revolving line of credit of 100k at 12-15%, ...