Here's my situation.
I have a duplex scheduled to close on the 23rd.
My plan was to use a credit line from my last flip to purchase the property with 0 down. Hold the property on the credit line for 6-12 months for...
Hi all!I have long-term rental properties in Waco, Texas that have been producing a good cash flow. One of them started to have some plumbing issues. 2 cloggings over the last 5 weeks. I have a local management compan...
Hello Fellow BP members!I have a couple Airbnbs and I am looking to refi my primary residence in San Diego. Can you send over recommendations with lenders or brokers you have worked with in the past? Thanks in advance!
Hello,I recently hired an accountant to do my taxes which include a 1031 exchange. Prior to hiring I confirmed with the accountant that he is in fact familiar with this process. Now, my files are ready to be submitted...
Hello BP Family,I have been searching the forums for my needs when it comes to financing my next property and I'm still stuck at which decision to make (Side note I am an active RE buy-and-hold investor). Here is the ...
hello all! my question is as follows.....I bought a rental property 8 years ago and it is paid off. I pulled a line of credit from it to purchase another property. That property is technicaly paid for in cash and...
Hello BP! I've been thinking through ways to help beef up my cash reserves to purchase my 1st flip, and have been seriously considering opening a HELOC. Since you obviously don't pay anything (other than smallish pape...
Hi All,I hope this is the correct forum for my question. I was approached by someone regarding building business lines of credit. So, I am trying to vet out this opportunity. Here are my questions.
Is it common for ...
Is it possible to wholesale using a land trust?Example: 1. Purchase a home with a land trust as the buyer2. Assign the beneficial interest in the land trust while in escrow, in exchange for the wholesale feeHas anyone...
I have a business line of credit of approx. 80K. Unfortunately, This is not enough capital for me to secure a property for a fix and flip in the area I am in because prices are well about this. In other words, even i...