Account Closed
difficulties getting hard money loans
Hey guys so i recently heard that it is easier for individuals to get hard money loans when they have verifiable income from a job and its kind of tougher to get hard money loans if you are self employed. Is this tru...
Lance Luvaul
American Express: transfer credit from Australia to the US
Hi all, trying to build my credit history back up in the US after leaving and (stupidly) closing all of my accounts years ago. Recently, I've gotten my US-based parents (with great credit history) to add me as an Aut...
Caleb Mclamb
ZERO MONEY DOWN/ TRADITIONAL LOAN ONLY 5% DOWN
Hello BP! I went to my local credit union today (Gulf Winds Federal Credit Union) and asked many questions about loans and credit. I found they have a new, and most likely permanent, 100%, no money down, mortgage fina...
Mark Gruetzmacher
Bank Accounts / Checking Accounts
What is the best way to setup up bank accounts for rentals. I have my main personal account. I also have another bank account at a different bank just for closer convenience. I have a 3rd bank that I just opened up...
Michelle Calicchio
Can I run this tenant past you?
First, I apologize in advance for the newbie question. We are working on renting out our first investment home and I have a tenant who is interested in the house. This is my first time through the screening process ...
Bob H.
How to screen tenants without a hard credit inquiry
For the second time in a row, I have had a potential tenant ask me whether my screening process involves a hard credit inquiry rather than a soft one. Last time, I checked with my screening service, which gives me a s...
Rik Patel
What's the best way to keep purchases organized?
Hi All! I wanted to know everyone's experience when it comes to keeping purchases organized for multiple properties.I have a few properties with their own bank account. Let's say property A & property B both need ...
Darrell Tucker
Opening a Ausiness Account
Hello everyone! I am in the process of going to the bank & opening a RE business account. I have my business plan, tax id form & my credit analysis together to present to them. Any extra advice/tips would be g...
Samuel S.
Banks offering investment HELOCS
Hey BP Folks,Wanted to see if anyone has any experience with banks out there (national/regional/ credit unions etc) that are currently offering investment lines of credit? Not sure if this is a thing or not in today'...
Ryan B.
Why a business line of credit?
Forgive my ignorance, but I just want to make sure I am thinking correctly.
I have a home equity line of credit that is open and I can draw cash from whenever I want, is a business line of credit along the same theor...