This is a two part question, first what is the difference between a regular LOC and a business LOC? Second, could you get a line of credit on a rental or can you only get LOC if you live in the house?

Thanks

Ok so, I have bought houses in several states and years ago in AZ as well and I don't remember this happening.  Normally  when I have gone to closing we do a walk thru, go to the closing table and sign, wire money or ...

I'm interested in involving a couple of family members as investors in my next fip. I think the best way will be to borrow the money and pay them interest monthly like a hard money loan. So, they put 100,000 in at 10%...

Hi folks! I've talked to a couple of smaller lenders here in New Mexico, and they have both told me that they don't offer HELOCs on condos or non-primary residences. I understand that this is common for smaller credit...

Hello,

First greatly appreciate any advice! I am a 16+ year tech entrepreneur. I have an awesome place in park slope Brooklyn that gets great tenants and solid rent. That was our primary property that we lived in til...

We have a rental home managed by a local management company in Houston. We just found out that current tenant is not someone that they had sent me for approval and they have not deposited rents that they are collectin...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Deltona.

Purchase price: $385,000

Cash invested: $130,000

Worked with 4 friends to buy a poorly managed quad in a stable a...

Hello BP, Does anyone know about the FHA 203 K loan program? If so have you used it? What was the process? Was it advantageous?

I went to an owner finance seminar in Texas. I was told I needed a loan originator to qualify the prospective buyer for a loan even though my LLC owns the house free and clear. I was also told I needed a disbursement ...

Greetings from snowy Western NY!What is the optimal pricing strategy for off campus housing to a college student? I see two approaches:1. If the student stays on campus, housing ranges from $7200 to $12,000 per year a...