Jose Guillu
Zero percent business credit cards at zero percent
Hello. I'm coming across FB ads offering large lines of credit for businesses at zero percent rates, in other words, possibly eliminating the hard money lenders. Has anyone seen these? Are these BS?
Tim Ball
Line of credit vs. hard money: which is better?
I am very familiar with hard money but I am not certain exactly how lines of credit are set up. If you are able to secure a line of credit, and you are looking to purchase buy-and-hold properties, would that be a bet...
Brandon O.
Credit trade lines
BP family, does anyone have experioce with credit trade lines? I'm looking to purchase a few to improve my credit score so I can acquire a few rental properties. Any guidance given is appreciated
Andrew Postell
Helpful Investor Tax Return Hints
Today you are going to get some really important “behind-the-scenes” information on how a bank examines your tax returns. Often we submit our application for a conventional loan to a bank, someone tells us that it’s ...
Eddie T.
Santander Bank Line Of Credit
Hello all, I wanted to ask if anyone in the BP community has ever applied for a personal line of credit or a business line of credit with Santander Bank and if so what your experience has been.The credit union I belon...
Sam P.
Subcontractor for Nicor called wants entry to map drain lines
I got a phone call from some guy calling from his cell phone that he is a sub contractor of a sub contractor for Nicor who is putting new gas lines and he needs to enter my property Monday morning to map out the drai...
Bienes Raices
Water won't turn on in REO
Bank's realtor says the water is on, and I called the water co. and it is indeed on. However when you turn the water main on the side of the house, nothing happens--still no water in house. I'm having my paid inspecti...
Account Closed
New tenants caused water damage but blame it previous tenant, what should I do?
Hello all,I owned a 3 story condo and leased it out this August. Last week, my tenants report a leaking 2nd floor ceiling. the plumber pulled out a pile of wipes and female hygiene products from the main sewer pipe an...
Luke M.
Has anyone been able to get a HELOC on a rental property?
I keep getting turned down, but I've been told some local banks will sometimes entertain it.
It's located in San Diego, California, and I live in Brooklyn. It's rented well and has about 60% in equity. Any ti...
Jon Mason
Possible Easement Issue
I purchased a rental property in 2018 that was a totally normal real estate transaction with no existing easements or irregularities mentioned.During the reno I found out that back in the 50's when the house was built...