Mary McGinty
Leveraging Lines of Credit
What experience do you have with leveraging lines of credit with credit cards? How did you use it? If used as a private lender, please share your workflow.
Thank you Mary
Leigh Ann Smith
Wells Fargo Businessline Line of Credit
We have a business unrelated to real estate that is a sole proprietorship (no LLC). An offer came in the mail from Wells Fargo saying that our business is pre-qualified for a BusinessLine line of credit of up to $100...
Mike H.
How to utilize a pay-off property for more investment funding?
Dear BP family, I am trying to explore options to obtain loans for further investment funding. Since we have a property recently paid off, I am wondering what are the options out there we could use to utilize this op...
Thuy Pham-Satrappe
Did you know you can combine your credit lines?
Learned something new today and am super excited to share! If you have multiple accounts with the same company (for example, a Southwest credit card which is through Chase and a Chase Freedom Card) you can consolidate...
Carrie Eaton
Home equity Loan/Line
Hello! I lived in my 2 br 1ba single family home for 5 yrs. I want to rent it out and buy a duplex. I took the first step by calling a local bank that I use for my business account. I asked about a home equity loan or...
KC Zhang
Commercial/Business Line of Credit
I'm looking for information on how to get line of credit to purchase rental properties. My plan is to use line of credit for purchase, use my own money rehab, lease it out and refinance use conventional mortgage. I tr...
Matt Good
Seed Capital
Has anyone used these people? Good or bad? I've heard that they have some upfront fees depending on how much you borrow?
Mari Puga
The race for HELOCs and liquidity
Hello BPs!
For the past fewy ou days I have been thinking about this and would like to pick your brains. We saw this happening during the great recession and prior times; and with all the noise about a potential rece...
Justin Sheley
Fund & Grow Financing
After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....
Oleg I.
How do you finance a property with collateral?
Friends, I have a couple of rental properties, and two of them completely paid off. I am trying to find a way to leverage them to buy my first multi-unit property. It seems that everyone I’ve talked to wants me to r...