Has anyone used hard money loans to purchase a buy and hold rental property? I have excellent credit and cash reserves, but I want to buy a fixer and don't want to deplete my reserves on one property.

Has anyone t...

Dear BiggerPockets community,Presently I've been financing flips/rehabs through a secured line of credit.The current lending agreement allows me to borrow up to around $325,000 and my bank will allow me to use this mo...

I have a nice property with about $100K equity in it - 50% LTV. I have owned it for several years. I wanted to get a Home Equity Loan on it to shuffle some of my equity around between properties but none of the big or...

Just to clarify - we're looking to flip our first house in Indianapolis. Our budget with rehab is around 150.We do understand the value of professionals and I guess a great interior designer can actually pay itself (b...

Hi All,

I've got a tenant in a duplex that fell behind in his gas payments and the gas company shut their gas off. The tenant's lease is up end of June. I'm concerned that if I renew him and he doesn't get his ...

Possible tenant is retired (and is old school) and wants to bring his own personal Gas stove. We currently have an electric stove in place. I am fine with it but my own concern is obviously if he burns down the place ...

Hello BP Experts,
I have a quick question.
I want to pull out some equity from my 9 existing rentals.  Each of them valued about 250K all paid off and cash flowing.  First Carolina Bank of GA offer me a $750k LOC fo...

I'm having a HECK of a time getting the text lined up on the lines. I got them perfect from the left margin and some lines are perfect, but others aren't on the lines using MS WORD. Please help as I want to call ...

I just got a HELOC on my investment portfolio, so I can buy my next building with "cash".
I dumped all my operating funds in my HELOC to minimize the interest.
Now, I get a wrenching gut feeling that this HELOC can ...

Hello!

I am looking for some advice as to which course I should take: Cash-out refinance or home equity loan?

Home value: $400,000Mortgage balance: $51,000

Interest rate: 6.125% - Fixed. 30yr.
Monthly paym...