I am looking at a commercial line of credit, based on ones liquid assets, for rehabbing, and flipping..in N.C.$500 to apply (approved or not), $495 appraisal, 90 days to use it (I assume 90 days to use the first draw)...
I'm considering using them for private money and just wondering if anyone here has used them and if the outcome was good.
Is it possible with around 200-400k cash and no current income to buy a commercial property with a downpayment such as a B&B or a motel with a mortgage that would make enough money to support me without an outside...
I am a new real estate investor working on obtaining my third multiunit. I have been purchasing my units in Chicago and the Chicagoland area. I wanted to see if anyone has experience using a cash out refinance and a ...
Looking for a basic understanding on helocs
Trying to figure out my next step. I’ve got 5 sfh rentals free and clear. And buying our personal residence with a mortgage. I’m enjoying the cash flow of the rentals but want to keep adding and paying cash is a great...
Hello,
Does anyone know of a bank that will provide a line of credit based on the equity in a rental property in CA? TD bank does so but only on the east coast. Would appreciate any input. Thanks.
We are looking for a recommendation for competive rates and low costs to set up an unsecured line of credit. Recommendations are appreciated!
New to Smartmove. So far I have run a Smartmove report on 3 tenants. All three appear to have dismal tenant scores 478-485. Are these as bad as I think they are? What is a median and a good score? Is there a legend s...
Is anyone having success getting a commercial line of credit in Ohio (NE)? I have called multiple credit unions and a few banks with no avail. Not looking for hard money but would like the line of credit to purchase m...