Mikey Cas
Financing through alternative methods? Business loan?
If I wanted to take out a 'personal loan' or a 'business loan' rather than a traditional mortgage and use it for a real estate investment such as rehabing and then flipping,or renting out, is this possible?? Only reas...
Derrick StClair
How to Finance Rehab Costs when Buying A Home?
Hey Guys - hoping there are some experts out there as google is deeming to be useless on this matter. My question is simple (so I think), is it possible to roll up any rehab costs into the mortgage loan amount when bu...
Miles Stanley
Using a personal Line of Credit to purchase then refi out (BRRRR)
I have a long standing relationship with my credit union. I'm in the process of trying to set up multiple avenues of financing in the event i find a deal i can move on it. I do not want to depend on a single source ...
Account Closed
Wells Fargo Abruptly Closes Lines of Credit - The End Is Near
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
Marco Bario
Investing in Unsecured Debt
Currently, US residential homeowner equity is high, and foreclosure numbers are low. At the same time, there's a rise in unsecured consumer debt such as debt consolidation loans, credit cards, and retail accounts. I'm...
Travis Bryant
Consolidating debt. Is a HELOC the way to go?
Hello BP! I'm a new Realtor in Salt Lake City and I'm curious if you can direct my thoughts or set me straight. 1 year goal of buying my first property, largest obstacle is $35,000 in unsecured debt between my wife an...
Leon Stevens
Business Credit
I am setting up a new LLC. Is there anywhere I can establish a business line of credit without out of pocket expenses?
Bryan C.
Using Personal Loans to buy Rentals or Flip Rehabs
Hello everyone,I would love to hear from others what sources they use to get capital to buy more deals (rentals or flips)? I know about getting a HELOC, mortgage, cash our refi, portfolio loans etc but what about per...
Jason Rhodewalt
What to do when selling and there’s a low appraisal
Hi we are looking to sell to our current tenants and they are getting an FHA loan. The appraisal came in $30k under the agreed upon price. The price we agreed to was what OpenDoor had already offered us so we could al...
George Kopp
Lending with Personal Guarantee
I have an opportunity to invest in a real estate related opportunity, but instead of being backed by any hard assets, such as the property, the borrower has agreed to personally guarantee the loan. I know this individ...