Hae-Yuan Chang
How do multiple credit cards affect ability to get loan?
I'm really into getting reward cards for the points. I always pay off my balance, and as a young investor, I have a 760 credit score (lower because of age). Not sure the route that I will take for my second rental pro...
Antonio Lunato
Getting denied for an heloc. Own home free and clear
I own my home free and clear. My credit isnt great. I have an llc. I keep striking out on an heloc. I want to buy my second property. Can i sell my home to my business? And use that to get money from a loan? Anyone ha...
Anthony Dawson
New Investor - South Carolina/Georgia
New Investor...from Sumter, South Carolina living in Macon, Ga. One (1) apt bought in a quadplex in Sumter with a line of credit and one (1) apt bought in a duplex in Warner Robins, Ga with a conventional loan. I woul...
Brian Bufalini
For BRRRR, how is credit age affected with repeat refi's...
Just finishing up David Greene's excellent book on BRRRR, and the whole idea is to refinance after the rehab when your appraisal will be a lot higher (and hopefully you can pull out all of your cash or more). However...
Nick Sansivero
Credit Inquiries. Do they really lower credit scores?
I'm currently in the process of getting pre-approval for my first mortgage (thinking about an FHA 203k for a triplex owner-occupy), and I have a question about credit inquiries. If I want to shop around with 5-10 di...
Tomasz Banas
Using HELOC for down-payment
I plan to purchase & hold my next investment property. I will apply for a loan that requires 20% down. At the same time I would like to apply for HELOC on primary residence to pay for that down-payment. Will that ...
Billy Tegethoff
Is it possible to find a loan/other method of financing before building my low credit score up?
Hi, I'm reading Brandon's book on low and no money down investing, so I may answer my own question just by reading on. I'm perhaps over-anxious to get started, and I'm looking for my first property. That said, my cr...
Angelle James
Can you deduct the amount you spent on a REI Seminar Training ?
Hey Good Afternoon Everyone,
This question is primarily for the seasoned REI and or CPA
Here's a little bit of my situation. In my search for buying a home at 26yrs old this year, I stumbled across an ad for a fr...
Joseph Duenas
BRRR Financing Question
I'd appreciate any help from the forum financing gurus out there. I have a contract on a house for $210K. Repairs costs are estimated at $50K. ARV is estimated at about $360K. I was thinking to finance the $210K pur...
Virginia Jones
Opinions for paying paying down debt vs. remaining leveraged
I've been going back and forth over what to do and would appreciate any feedback. A couple months ago we purchased a SFH with cash and an unsecured credit line ($20,000). The line is interest monthly with a variable i...