Hello,I would like to know. How does using a line of credit used to purchase single family homes?For instance, could I ask the bank or credit union for a line of credit to purchase single family homes without down pay...
Hello everyone, I am looking for any input or ideas y’all can throw at me, as I will be completely open here:I have recently (3 weeks ago) purchased a single family home (rental property) in Akron Ohio for $39900. It...
Seeking a bank that offers a prImary resIdence HELOC (All In One). We use PLOCs for our rentals and they work very well. We don’t want a fully amortized loan but a simple interest HELOC. Any bank leads are welcome. W...
Hey guys, I feel like I start to freak out and when I freak out I can’t think strait, so can u help me please to put this all in place? I am buying a fourplex for 250k and I need at least 25% down , which is what, abo...
Hi all,I’m putting some final touches on my plans to purchase my first BRRR property. I wanted to cover a couple aspects and see if anyone can help tie up loose ends. Most of my misunderstanding/questions pertain to f...
I recently heard a webinar from Fund and Grow, (a company that makes it's money by helping its clients establish themselves as 'lendable entities' such as an LLC or S Corp. and then goes out to find their clients mone...
This is my first attempt at a BRRRR and need some help/suggestions for mortgage options. The duplex is currently in my name but was paid for in cash by a family member's line of credit. We offered cash to be competiti...
Hi, all!
My business partner and I are looking into using an unsecured LOC to purchase our first buy-and-hold investment property. We don't have a lot of "skin in the game"; however, our FICO scores are above 730 and...
View report*This link comes directly from our calculators, based on information input by the member who posted.
I need some seasoned investors' $0.02 on this....
I currently have a few single family rentals and looking for more. Instead of taking out individual mortgages on each new property, is there a lending product (simil...