Even if the effect is negligible and marginal, I am curious if obtaining a HELOC does, in fact, have a negative effect on someone's credit and score.  If there is an effect, does the amount of the credit line also det...

Who else has read The Big Short? To me, it reads like a novel, as it focuses on the lives of several key people who saw the real estate mess coming years before others. It has plenty of technical detail, and is t...

Hello,
I am looking to exchange a property that is owned by our LLC for another property using financing.
Some info:
Original property purchase price ~$90k
100% cash purchase
Looking to put the proceeds of the ...

I have a friend that I am wanting to go to and seek funding from him. He stated he wants to save $50-60K each year for his kids college. So I want to approach him and seek a partnership from him but protecting myself ...

I’m looking to achieve my first BRRRR this year.In order to do so I will be buying the home with 25% down using my own cash and using private money and opening up credit cards to help with the rehab.The credit cards a...

Hey guys! New real estate investor here. I have an interesting scenario and would like to pick some of your brains!So my parents have 2 homes, one of them is mortgage free and worth approximately $300k and the other i...

Hello! My wife and I are renting our house. We got our first applicants who we have questions about. Family of 6 with the husband only employed. He makes $9000/month. Rental is going for $2200/month. He has great inco...

Newbie investor. We are looking at all aspects of investing in buy/hold. Living by a budget. Saving money for a deal. Getting our credit scores in good shape. But what do seasoned investors do with none real estate de...

Hello all,I have a small portfolio of some multi-family properties in New Bedford, MA. I have accumulated some pretty good sub-contractors over the years (painters, plumbers, electricians, dry-wall), but have been str...

Hello all!I am a “retired” branch manager for a local credit union near Chicago. Recently I’ve given up my 9-5 to become a stay at home mom to my 9month old son! Although I love staying with him all day long I am year...