Hi BP, Im relatively new to your community and trying to soak it all in . I had an idea to refi my house to payoff student loan debt. This would give me a lower interest rate on both and allow me to write off the inte...
I purchased my first Triplex 3 months ago in cash, rehabbed and have all units rented currently. I bank with a small local bank and they offered me 60% LTV for a cash out investment with no seasoning requirements u...
There are a few cash offers in my area that I would like to take advantage of but I don’t have the cash to do so and rehab.
Is it possible to get a line of credit of $50k or more? If so, how?
My credit score is 700+
I'm curious if anyone can give me an idea of how an unsecured line of credit affected your credit score when you opened it up? The costs for me to use a 120k LOC are much less than for me to use a hard money or privat...
Hello, I recently purchased a property and right across the street is what seems to be a vacant property in a developing neighborhood. After a little research, I found that the property is in foreclosure under chapter...
Does anyone have experience with private lenders listed on the BP database that could conform with the above scenario?I have a single family house I bought with cash for 35k that fully reno'd has comps within 0.5 mile...
I was wondering if anyone has any experience utilizing financing offered by a GC or Remodeler and what your experience was good or bad, and if they were competitive cost-wise or if they inflated due to financing?
Anyone have any thoughts on this?
My 2 favorites I know of:
-PayPal'ing the cash to myself (3% fee). Although they've given me a slap on the wrist for this.
-Amazon WebPay'ing the cash to...
I'm calculating costs on a potential deal and got a loan estimate from a conventional lender. It seems the buying costs are way excessive to me. What do you think?loan amount: 80000Origination charges:3pct points: 2...