David McBrayer
My dream home
Hello everyone! David Here. After becoming disabled, investing is about all I can do these days. And I can't do that well. LOL But we have invested in a few properties in the Ft Lauderdale, FL area and in my old ho...
Raymond Y.
Impact of Too Many Credit Inquiries/Hard Pulls
As I start to accelerate my investing, I am beginning to get hit by more and more credit hard pulls as I am trying to get pre-approved to buy properties. Once I scale up, how do I balance between getting approved and ...
Christine Mwai
Cash out on investment properties.
Your thoughts and ideas on my situation please. I own some free and clear properties. My credit has been hurt by some personal situations. I'm looking to cash out, of course with a line position to the lender at 60 ...
Marcus B.
Applying for credit.
Recently I started an LLC and my principal office address is my home address. I've opened up a P.O. Box and I want to start applying for credit but I don't believe I can use my P.O. Box. I need some advice in applying...
Rich Lee
i'm renting apartment taking monthly hits to slow bleeding
First of all, I want to mention how great this site is. I just spent the last 4hours reading posts.
Now here's my problem... I bought a studio in 2006 with 0 down for $250k and put in roughly $20k to fix up the place...
Karli F.
Refinancing to remove a co-buyer; how to keep loan ratio down?
I need to refinance a house to remove a co buyer but I don't want to have a new 100% loan for the balance owed on my credit. Does it make sense to refinance for 20K more than amount owed, then applying those funds to ...
Ryan Birge
Will a $0 Balance HELOC be considered when applying for Mortgage?
I have a second home that is paid-in-full. I have a HELOC for $250,000, with a $0 balance. I am considering applying for a loan for a new purchase (30Year, Primary residence) in the amount of $450-650k. Will the HELOC...
Ron Singh
mortgage shopping tips, anyone ?
Hi BP ,what worked best for you regarding mortgage shopping while in contract ?if we go shop multiple lenders, wouldn't its going to hurt the credit? as they would all first pull the credit. details: primary residen...
Account Closed
sub-to, now seller need a new loan
If I ttake the property subject-to exciting finance, will it hurt the seller chance of getting a new loan for a new house?
John Cushing
Personal line of credit
I'm really struggling to figure out the best way to get my 20% purchase price and 10% rehab price that a hml lender requires for a flip(around 35k total). Does it make sense to take out a personal loan of credit? I ha...