Curious to learn people's thoughts on this. If you have what you consider to be considerable equity in a property, would you pull cash out in advance in order to take advantage of possible deals or would you wait unti...
Folks,I am a private lender, mainly for residential flips, and it kills me to turn away the vast majority of my applicants because they don't have the upfront cash to qualify for my loans. I require them to have subst...
Hey Everybody,I am new to investing but I have been working with a mentor. He just presented me with an opportunity to flip a property with him. I have 2 credit cards with a combined limit of $25K. Is there any way t...
Hello BP... I hope everyone is doing well and having tremendous success in their REI ventures. It is always great to be able to use an incredible resource like BP, and have the opportunity to benefit from everything...
Good morning,As I sit here buying yet more construction supplies for the last finishes for our first major renovation, I'm feeling pretty overwhelmed with how the numbers are adding up. So I thought I would post abo...
Has anyone used a cash advance on a credit card to finance a property? We have some high limits on a couple of credit cards with the interest rate being either 0% or 4%. My husband is military and the rates won’t chan...
Due to my lack of documented income (I am paid in cash) I have had a hard time qualifying for a loan. Credit score of 750+.
Example of property I am looking to purchase:
Credit Card Cash Advance: $30,000.
Personal ...
I know there are several companies out there offering unsecured financing via credit cards. Has anybody been through the process? Would you do it again? What's the down low on the whole deal?I'm curious to know why ...
Any suggestions on a "Cash back credit card?" If you recommend using one or if you know of one with a great rate.
This could seem like a silly question, but I am going to ask it anyway to gain a better understanding of how a HELOC works. So….If a HELOC is a line of “credit”, what’s stopping me from using my personal credit lines ...