Hi,I'm still trying to grasp the idea how the process works. First you get hard money loan then when ready to refinance. How do you refinance into your name? Do you need to have good credit scores and low DTI? Jus...
Hey folks on BP. I'm looking to build up my lines of credit in order to continue my investing career. I've recently applied for a transfer credit card and didn't get approved. I've read you need stellar credit scor...
Hello everybody, I was wondering if it’s possible for me to get a mortgage from a bank after a year of paying off the hard money loan. I currently do not have a credit card or any credit but I am in the next week. Wou...
Hi everyone, bran new here and to real estate investing. Last month i took the little money I had (10k) and used it to pay down my high interest credit card debt. Thinking this needed to be done prior to my real est...
Applied for 118k or 88k HELOC withdraw period of 5 years at Midflorida Credit Union and got denied both. Loan officer offered me a different product (Home Equity Loan), i did not took her offer, Told her no to pull m...
Was wondering what could be the best way of funding a rehab project. Would saving cash, getting a loan, or using credit be one of the best options? The home would be use as a rental property.
Hi - Looking to hear pros and cons from the community on renting a unit to prospective tenants that are designated disabled veterans with verified monthly income from VA. I have a MFH in PA with a unit that’s been hav...
Does anyone have any experience using Prestige Credit Restoration ? if you do can you please share your feedback?
This may be a repeated topic but I decided to go out and ask it myself. What are the other options to purchase an investment property(repairs needed) besides a Hard Money Loan. So far, all I've heard about is the ha...
I went to go apply for a 5,000 dollar loan last week and I was declined. I was shocked, considering I own a house a car, have assets, etc.
So apparently this is what happened and I'd like to hear from people on what ...