What is the difference between a home equity line of credit and a home equity loan? I know that both are secured loans, putting up your home as collateral for the money you borrow. But what's the difference?
If I took out a Loan for a primary home. and before that closed took out a an owner-occupied HELOC on my current home. (example) 1st Loan would close May 18 and Heloc would close on Jun 11th would their be any problem...
A private lender and I are going 50/50 on a down payment, I have cash & my private money partner is using HELOC funds and I am wondering how we can legally go about using our cash ASAP without a 2 month seasoning ...
Hello, first post here and first time buying a home. I've been reading through the forum for a couple of weeks and I've learned so much here... amazed by how intelligent and insightful these discussions are. I hope m...
Hi everyone,Newbie here, so I've been speaking to a few lenders. I live in Austin, TX. I want to buy a duplex, live on one side and rent the rest. I am aware that as soon as I provide all my info to a lender, they wil...
I have bought 10 properties this year and have had 15 inquires on my credit. My question is; how much will those inquires hurt my credit rating?
Hello BP community! I'm a new investor looking to get involved with fix and flipping out of state SFH units but have little capital to start but excellent credit. I was looking into JV deals but had a few questions. A...
Hello everyone! I’m new to the BiggerPockets world and I’m sure this question may have been asked previously but each situation is different and looking for some guidance. Please let me know your thoughts!History: Act...
Hello, I am new to biggerpockets and new to investing, and have some questions that hopefully someone can help me answer. First, a little bit about myself. I am 22 years old, recently married, and work a full ti...
Has anyone used Finishline Consulting for funding? And if so, how was your experience. I was redirected to them via 10billioncash.com. I believe they open a bunch of credit lines in your name then do balance transf...