Michael Shadow
Advanta business credit card closing
I just got notice today that Advanta Corp is closing all business credit card accounts effective 5/30 (in 4 days). That's not much notice to try and get things shuffled around. Has anyone else run into issues like t...
Holly Sarria
Recommendation for HELOC lender
Hello BP!
We are starting our journey in REI!
I was hoping someone out there could refer me to a good lender that does HELOCs on second properties in CA. If anyone can help with this I would really appreciate it.
...
Andrew Horner
All-in-One / Offset Mortgage for Investment Property
Hey there, I'm considering an Offset Mortgage (also known as All-in-One loans, or Accelerator mortgages). My understanding is that this has not been allowed in the US until recently do to tax reasons, but is more comm...
David T
is there a loan that does not require flood insurance?
i currently own a property that is considered to be in a "flood zone". i dont consider it to be a flood zone myself as there is a small stream in the back yard that is not tidal and it has not flooded during irene, sa...
Nikki Anello
mortgage notes
Hello,
I am completely under with one of my personal properties and my attorney is saying that shortsaling is my only option. Then I had one of my realtor friends suggest that she have one of her investor fri...
Joshua D.
Credit Cards? GOOD OR BAD?
How many of you out there use a Credit card for your investing BIZ or personal life? My wife and I don't use them because of the Dave Ramsey movement, but now that we are doing well with money I might consider it? wh...
Jimmy Lynn
Balancing Time and Budget: Tips for Efficient Property Renovations
This is an interesting topic. There's more to it but I think this hit's some highlights and raises good questions. Plan and Research Thoroughly: Start by creating a detailed plan that outlines the scope of work, desir...
Petit Morne
Listsource, Yellowletters: % Equity
Hello,
How can Listsource/Yellowletters tell how much equity an owner has in their property? I did not think this sort of information was public knowledge. How accurate is their equity information?
Brett Sayers
Does Everybody Need Help With Quickbooks Like I do?
Hello all. I'm not sure if I am doing this right or not. I purchased QB Desktop last month to convert my 6 spreadsheet rental property tracking system to one program. I have never used any accounting software before a...
AJ Wong
What is an Assumable Mortgage? How they work & ways to close with a portable loan
Hot investment topic alert: Assumable mortgages and purchasing properties with one. An assumable mortgage is effectively a 'portable' loan. Instead of applying for a new mortgage the buyer takes over the sellers exist...