Ken J.
Denied for HELOC due to lack of credit history
Hi,I am considering obtaining a HELOC to purchase a second property (ideally for investment purposes). I have applied with Chase and a local credit union and have been rejected for lack of credit history. I own my cur...
Eric Hubbard
Establishing business credit
How would you process with establishing business credit for the purpose of obtaining capital via business lines of credit. Would you set your LLC with your home address or use a virtual address. I've done some researc...
Fabiola F.
I'm redeveloping 138-unit affordable assisted living
I'm redeveloping a 138-unit former senior housing building in Detroit into 100% affordable assisted living facility with an adult day care on site. Incomes will be at or below 60% AMI.Obviously, the senior housing sec...
Therese V.
Advice needed on potential tenant with high debt
I have run my first credit/background/eviction check on my first potential tenant for a new rental property (my first property had a familiar tenant in quickly, so didn't need the background check).She is divorced, 5 ...
Aaron Bihl
Should I refinance current home to use FHA to buy multi family?
I’m looking for some advice and ideas. I want to buy a 3-4plex to house hack and hope to use FHA to purchase it due to the low down payment.
I have a single family home that current has an FHA mortgage that I would ...
Jim S.
PSA: Equifax hack - read this before checking your status!
All of the news outlets are acting like sheep and funneling consumers into Equifax's hack website they setup for the 143 million consumers with lost SSNs, addresses, etc. - https://www.equifaxsecurity2017.com.The part...
Adam Bartomeo
How to Get 0% Funding Using Credit Cards
After emailing a few investors about using credit cards to free up capital I realized that not many people know how to use their credit cards to free up cash without getting hit with huge interest charges. I started r...
Joe Coyne
Six-Unit Apartment in Cleveland, OH area
Hey All,I'm working on a deal right now in the Cleveland area that I'm pretty excited about. It's 6, 1 bedroom units commanding an average rent of $525/unit (below market). It's in a great neighborhood and is being ...
Rahul Bhandari
Really high rental yields for cheaper housing - what's the catch?
I'm looking at some data to identify the best areas to buy and hold. I'm less familiar with buying in some of these areas - so I thought I'd reach out. These zipcodes offer really high rental yields even accounting fo...
Christopher Turpaud
Brand new to Real Estate - Help!
A friend of mine has been investing in Real Estate for 7 years and turned me on to the idea a couple months ago. Long term I would like to focus on flipping homes so as to avoid property management and tenants. But I ...