Hi everyone,Does anyone know of any companies that will provide a HELOC on a quadplex. It is a owner occupied property but I want to tap into the equity to continue to invest in other properties in the area. I do not ...
I what are the pro's and cons of a Line of Credit vs Conventional Loan for buying properties ?thank you
So when running my numbers on Biggerpockets Rental Calculator.When i Initially buy my properties i use my open lines of credit at 5% interest. Would that be considered using cash or loan? So in the section with loan ...
Happy Tuesday BiggerPockets. I am seeking some "what would you do" information. If you were in the process of gaining your first property and were approved for a 40K business line of credit, would you buy a SFH (ther...
Do you have Ash tree's on your properties? When I first heard the question from a DNR guy I was puzzeld: I had no idea, I did not even know if I could tell an ash tree from a maple. A few weeks ago I received a letter...
Hello All !Question, can you purchase your 1st investment using a conventional loan, and still have the option to purchase your 1st primary residence using the first time home buyer 3.5% down program?Scenario: A coupl...
I have investor clients tell me about their giant lines of credit available for cash purchases... in your experience, are these relationships with local banks? private money?
Wanted to read some opinions on something my business partner and I have been looking into. Currently our umbrella policy does not have the option of adding sewer line insurance which we had purchased on several prop...
I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pr...
I've recently seen people giving advise to take out a HELOC as a means to pay your normal everyday expenditures including bills, and at the same time, taking your paycheck from job and applying it every month towards ...