Davis Stoner
Funding a remodel options???
I recently purchased a small multi family property. 2 units were turn key and they are rented. 1 unit I am funding the rehab for and that is almost done.But there is a separate building with 2 unfinished 1Bd 1Ba apart...
Shirley McLean
Renovation Loan or Hard Money Loan for Rehab w/ 100% Equity?
I own a home free and clear but need to do renovations to it before selling it. It is not homesteaded under me b/c I just acquired it and cannot homestead (from what I've been told) til Jan 1st. I want to get it on th...
Sara Hill
Best Payment Processor for Nightly Rate Rental (using credit card)
BLUF: Square takes a significant chunk of my earnings and I am looking for a similar interface that keeps things simple but takes less money from me.I have been using SquareInc as a payment processor for about a year....
Chris Conde
Be Creative! Low Short Term Credit Balance
Hi all,So I used short term business credit (Business Credit Card) to purchase a Townhouse. The asset is in good condition and cash flowing nicely. The issue I have is that my intro rates on my card are expiring and I...
Account Closed
Marketing expenses & yellow letters response rate
Hi, I'm new to wholesaling and I was wondering what is a normal response rate from Yellow letters and bandit signs. So far I've spend a bit over 1,200 on yellow letters (first mail campaign) and I haven't close a deal...
Account Closed
Is Using unsecured lines of credit right for me?
Hey Everyone,Recently we have run into the dilemma of not having the down payment needed to work with hard money on our deals. As a solution, we have spoken with a company that applies for multiple credit cards for a ...
Devin Mann
Pay off credit card? Or save my cash
I owe about 4k in credit cards and 8k in bank account . Should I continue saving for a flip and make minimum payments? Or pay off credit debt
Sarah S.
Here's the deal...ideas on how to make it work
So....today I learned a couple of lessons.
#1. Those suggestions about handwritten letters being more successful than typed ones-Now Proven. Never responses in the past to typed letters so hubby and I did the...
Seth U Brenneman
Getting started in San Antonio TX
Hi everyone. My wife and I are looking to get into real estate investing. My wife just became a licensed agent this month, but doesn’t want to spend the rest of her life earning commissions and I have a 9-5 engineerin...
Kevin Barnett
HELOC denied for improper use of funds
I had applied for a HELOC with WF. My intent was to keep this money available for rehabbing projects (paying hard money lenders points, reserve funds for overages, etc.) Everything was going great and I was approved f...