Nick Foundas
Investment Property Loan Approval
Happy 2015 BP, I plan to use funds from a Home Equity Line of Credit for an investment property.
I was wondering if I opened a Home Equity Line of Credit on my primary residence and it just sits there unused, would ...
Riley Wenger
Government Bill Assistance Programs for Renters?
Hey all! I am a new investor and am currently house-hacking. Some of my tenants are bartenders and are currently out of work- but they are great tenants and are doing everything in their power to pay full rent and on ...
Peter Bui
Getting Preapproved for a loan necessary?
Hey everyone,
So I have been talking to a few real estate agents and the first question they always ask is if I have gotten preapproved for a loan. Is this a necessary step I need to take before purchasing a home?
...
Tori Parker
Credit
Hi
My boyfriend is in the Navy and I am moving with him to his next duty station in August. He has excellent credit and 9 years of good rental history. I have not so great credit and have never rented, I mo...
Shafi Noss
Using a HELOC to Eliminate Credit Card Debt
Hi everyone, I am studying for my license, and having trouble with one of the scenarios. It looks like this: __Julie wants to pay off her $5,000 credit card balance now, before she closes on her new home. She takes s...
AJ Bramwell
Getting Pre-Approved
Hi, Is there a way to get pre-approved without the bank hurting your credit score?Thank you
Alex Ramos
I have a down payment but bad credit.
I'm trying to buy my first investment property. I have the down payment but I have the worst credit. Will that affect my chances of getting the loan and if so how can I get around that? Is fixing my credit the only wa...
Brian Leigh
Personal Loan or HML for BRRRRR
Hi BP! I am looking at a few BRRRRR properties that would cost $65-75k to acquire and rehab. If I only have $40k cash available, would you recommend a personal loan or line of credit from a local credit union? Or secu...
Michael Young
HELOC - Could I Regret It??
I have tried searching the forums here and found a few conflicting answers in old threads. I am looking to get a HELOC on my current primary residence. My plan is to buy a new home in the next year and convert my cu...
Braxton Boone
What's a great way to start building credit?
I'm reading Buying and Managing residential real estate by Andrew J McLean and almost right off the bat he says the first step for newbies is to build credit. I would love any type of advice, just so I don't end up si...