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Hello all.I have recently started asking around about helocs rates, terms, and how they work. I was under the impression it was much like a credit card you have interest only payments on the balance you carry. Today h...
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A close friend of mine in the banking industry has pointed out that I should open a line of credit using a recent appraisal of a property I had refinanced demonstrating considerable equity. He's stated I would be ...
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Hello everyone,
I need some advice on how I should proceed. I would like to purchase a rental property but my debt to income ratio is too high for a loan. So I recently got a 15k (APR 18%) personal loan from my bank...
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Hi BP, I'm looking for advice on a VA new construction loan. I'm 32 years old and currently live in the property I purchased using a VA loan in 2018 here in Hampton Roads Virginia .I would now like to purchase a mult...
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I've herd about a technique for getting together funds by opening several credit cards and getting line increases until you have enough to purchase a property, then refinancing out. Sound like a good idea or bad. Has ...
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Need help.. I would like to get a loan. But i have one red flag. My credit is good over 670 and no credit cards or loans. Im told I have to wait because of the red flag? Is this true?Please help or guide me.. Thank you
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Pay off some credit card debt or hold on to Capital
hi members I'm hoping that someone can help. I'm looking to refinance my mortgage but I have high credit card debt which is pulling down my credit score. I want to put the credit card debt into the new mortgage but I ...
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Folks,I am a private lender, mainly for residential flips, and it kills me to turn away the vast majority of my applicants because they don't have the upfront cash to qualify for my loans. I require them to have subst...
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Hello all,I hope I threw this in the correct forum or atleast semi correct. I have a condo that is about 15 years old and along with that are the water heater and A/C unit. Should I get a home warranty seeing that the...