Hello everyone,
I'm looking for some guidance on my plan to use a Home Equity Line of Credit (HELOC) to fund a fix and flip project. Here's a summary of my financial situation:
**Income:**
- I earn an annual gr...
Hello All,My question is can you use Hard Money to purchase and rehab a property, then turn around and get a Home Equity line of credit on the property in order to pay off the Hard Money Lender as well invest the rema...
Hello All,
I'm about to have my first formal sit down with my local banker.... I would like to get some feedback on my "planned request".
I currently have one rental property that is debt free that rents for $500....
Hi All!Does anyone have a contact with a Lender who might be interested in securing a commercial line of credit as an out-of-state investor - living in New York, investing in Connecticut. I am looking for a lender (N...
I am buying an REO HUD home for 210,000 with 10,000 (5% down) on a conventional renovation loan. My lender told me I would receive a lender credit of $1,250 at 4.375% vs. no lender credit at 4.25%. I went with the len...
For my first potential deal (2 family, 30-40k - 2%/50% rules in place). In the interest of making my first deal at the lowest possible price, what do you think about my borrowing a business line of credit (from my cu...
For this business, has anyone used a business credit card for either their real estate business transactions or for business expenses? Also, is there any benefit to having a business credit card compared to using your...
I just purchased my first duplex! The upper unit is occupied, but I need to find a tenant for the lower unit. On other properties, I have always had a manager help with this, so I don't have any experience doing thi...
Just wondering if any owners of mixed use properties or commercial real estate have a sample Application. Some applications for residential tenants don’t seem to apply to commercial. Any thoughts or comments would be ...
Hey, Guys!I’ve got a property that’s for sale by owner and the owner is warming up to the idea of Seller-Financing. Is there anyone that’s wholesaled a seller-financed property before? Any complications I should look ...