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Hello!We have two rental properties consolidated into one loan. We have inquired about HELOC on these properties, because we have quite a bit of equity in the houses. I am being told that we can't get a HELOC on seco...
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Have a second home looking to rehab to get full rent value. It's free and clear but my problem is my asking amount is either to low or the house only being worth $50k isnt enough. I just want the good ole collateral l...
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Hello BP Nation, I am an economist with personal & professional experience, and research interest in REI, currently based in Charlottesville, Virginia - home of Thomas Jefferson's Monticello & University of V...
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I just wanted to let everyone know that I will be closing on my first real estate investment with no money out of pocket! Here's how it went down:The property is a 2 family with 3 and 4 bedrooms the owner agreed to do...
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I've heard of people getting credit lines of 20-40 million with no problems. They have relationships with the banks etc, but what do you need as far as networth or income to actually get this amount of money from the...
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I made a loan to someone last year. They have always paid on time, but asked for an extension. I extended 3 months, but am not comfortable extending further.What are my options if they simply cannot pay the loan back ...
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Hello! I was curious if any of you have raised debt to purchase a property before? Personally, I find it much more attractive than raising equity. I was thinking about raising debt for smaller properties, up to 100k. ...
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I intend on doing more buying in the next year. Currently I have 4 conventional mortgages. I believe they are Frannie backed. I can consolidate them all down to one, giving me three more frannie backed mortgages av...
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How hard is it to get a start up business loan, I'm thinking something small like 25K. How much of the requirements fall on your own personal situation and credit?
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Good morning BP! I'm working on securing my first investment property, the plan is to us seller financing. The property is a 3/2 duplex that the seller owns free and clear. The property is off market currently, the ow...