Robert Dabicci
Opening HELOC, should keep unsecured line open as well?
Hello, first post on bigger pockets. I am just getting into real estate investing. I do not have much money to get started with because I was focusing on paying off some higher interest student loans first. I am looki...
Robert Williams
Questions to ask Lenders
Hi all. I am in the process of interviewing banks for lines of credit and refinancing options, and am looking for some questions to ask. I was thinking of asking: What are the loan limits for secured and unsecured?, H...
Karla K.
Private Money Lenders - Email Solicitations...Legit or No?
Below is a cut and paste of an email sent to me (I get these frequently – their name is excluded here)…Anyone else get these and if so, what is your experience? Are they typically legit or not legit? If they are legit...
Tyree Edward
hard money Lending..
Hi my name is Tyree,Im really curious as to how hard money,and conventional loans work. I spoke with a lender last week and he is telling me, that my credit checked out ok and i can apply for FHA 203 loan. Meaning i c...
Thomas S.
Working My Way Through Potential Fraud - Bad Lend
Good morning all,I have been doing gap lending for a few years to a fairly local LLC. They did a few successful flips and paid me according to the contract we drafted, which was good.I have two houses I lent for (prom...
Kyle Penland
Cash Out Car Refi for House Purchase
Hi everyone, Wanted to get some thought on who/where I might could do this. I've exhausted my loan options via unsecured and my bank has turned me down now. In fact 12 banks have turned me down. I've just finished ...
Alfred Litton
Just a Few Dollars Short!
Hi All. I currently own 2 SFHs outright (no debt and both in my LLC) and wish to purchase a 3rd. I have $50K but would need about $85K for the 3rd home. I don't want to do a traditional mortgage since the amount is ...
Bradley D. Morrow
Still positive even in the face of a major first mistake...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $146,000
Cash invested: $27,000
Originally my live-in home, but trashed by (now) ex-wife during last deployment to ...
Gail D Pearsall
Credit
My partner and I set up our LLC in November, applied and received our EIN. We are still new at this and trying to learn how to do things the correct way. My question is how do I go about establishing business credit...
Dennis Haldeman
PML - Second Mortgage
I am a PML operating exclusively in the state of Pa. I am considering doing my first second mortgage of a substantial $ amount. (I have done small seconds in the past as an unsecured personal/promissory note.) I be...