Theoretical Scenario:

You have 2 credit cards with no balance and no late payment. However, you plan to buy a house in the future. To get the lowest mortgage interest rate in your future buy, you have to get the hig...

I am pursuing a HELOC of $65,000 on my owner-occupied duplex and was wondering how this will affect my DTI ratio when applying for future mortgages.For normal consumer credit cards, the lender adds up the minimum paym...

Hello!

I'm a fairly new landlord/LLC owner. We formed our LLC in May 2012 and closed on the first duplex in August. In April 2013, we closed on our second duplex.

A few months ago we received a business...

I normally wholesale in Memphis, TN but I've come across a rental that I'd like to own.  The property is currently rented for $660/mo, I can buy it for $22,000. It definitely needs some updating and the market rents ...

As 2014 comes to an end and 2015 soon begins. I want to purchase my first rental property under 50k in Atlanta GA in Q1 of 2016.  I will eventually move there when i'm older. NYC isn't where I want to live anymore. I'...

alright i just paid off both of my credit cards.. limits of $5000 and $1000. I am going to be using the $5000 for repairs to my first rental property... My question is should I close the $1000 limit one? Will it impro...

Good evening BP faithful. I am new to real estate investing and have been approached with a deal. A wholesaler wants to assign a house to me for 20K that currently has a tenant. It needs some cosmetic repairs bu...

Anyone in here receive payments from their tenants this way?As I understand it, if they send it via the "friends and family" link (as in NOT "goods and services"), it's free  Is there a reason my tenants can't pay tha...

I'm trying to take the approach of having my money work for me instead of the other way around. The struggle, however, is balancing what looks good on paper with what I want to do; being disciplined and careful, but n...

Hello, I've been thinking about using credit cards to purchase another rental property then re-financing and paying back the credit card. Does anyone know how to siphon the cash from the credit cards without or with a...