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Hi, I am a RP starter in TX who is looking to secure a line of credit for their second rental property. I have bought the barren land already and am looking for around a $50,000 personal line of credit to use on the t...
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Next week I am closing on a three bedroom one bath home in Milwaukee. Although I should have done this sooner, I would appreciate any feedback that you might have on this by and hold property. I am buying the house fo...
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Hi all HELOC experts :)We are in the process of getting a HELOC for our primary, to be used as cash-equivalent to fund investments. After shopping, we opted for one bank however they just came back to us with the prop...
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My girlfriend and I are rehabbing a house and we have work set to begin in the near future. We are in talks with a lender and plan on taking out a home equity loan soon on the house we are rehabbing to finance the reh...
I have a rental property that became vacant last month. In the past I have had property management company find me a tenant. I recently quit my full time job to do real estate and so this time I want to put a tenant i...
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I'm looking to get a baseline for the financing I can potentially get approved for to help narrow down my search criteria. I asked a broker at a local real estate meetup last night if a pre-approval application would ...
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I'm currently in the process of getting pre-approval for my first mortgage (thinking about an FHA 203k for a triplex owner-occupy), and I have a question about credit inquiries. If I want to shop around with 5-10 di...
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I'm new to real estate investment and have spoken to a few lenders. I had thought that I should send applications to quite a few to get the best rates/offers, but one lender told me I should just pick 1 or 2 and apply...
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I'm just starting
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Hey again BP members,
Can someone tell me if the prescreened (or pre-approved) credit offers that come in the mail affect your credit score? I've learned from reading this forum that credit inquiries and credit check...