Franklin Marte
Using a line of credit for a down payment
I’m close to reaching 10k saved up I was thinking of paying off some debt and get my credit to at least 750 its at 720 now. After my credit goes up I wanted to apply for a line of credit and use it towards a down paym...
Farzan Setayesh
Investing $1ml in/for retirement
Hello BP experienced investor,I asked in the forum, what would you do, if you are CLOSE to retirement and want to invest $1ml, I received this offer below. It does sound VERY risky to me and only sounds great for the...
Brian Walters
Seeking my first rental property
I'm currently seeking my first Rental Property. However, I more likely will not be able to produce the full down payment to make a purchase. I haven't found anything yet, but currently doing research. (I have more tha...
Loretta Murray
How do we make our borrower pay us back?
Several years ago, my husband and I used the majority of our retirement savings to make a private loan to a real estate developer for a single family home development in a very popular part of town. Years later, there...
Andrew Postell
Best Texas Home Equity Line of Credit (HELOC) banks?
Who do you think is offering the best HELOCs in Texas right now? On primary homes. Any ideas or suggestions on a specific bank?
Jimmy Thomas
Hard Money Lender With Lenient Standards?
Hi All,My partner and I are new investors, looking to do our first deal in the first few months of next year and avoid analysis paralysis. We intend on using hard money for this first deal; however will have very litt...
Curtis Mooneyhan
Financing my first home investment
Just recently I discovered BP and it has given me motivation to start purchasing investment properties. I have a plan, I understand the analysis needed for properties, and i'm ready to go. However, I'm having a hard...
Phil Harris
Collateral Loans or Using HELOC to fund Multi Family
I just got back from talking with the bank about my situation. I was told in my situation that I should be looking at properties with 5 or more units. My goal is to simplify everything and to have one person I can g...
Luke Carl
Quit Claim the Title on a Commercial Loan?
Didn’t get around to putting together an LLC in time on this deal in a new state. Is a commercial loan the same as a Fanny/Freddy where they can call the loan if you quit claim to an LLC or does the bank not care?Shou...
Jake E.
Refinance options for the self-employed? | BRRRR Approach
Hello BP!I'm curious if anyone has experience in getting a property refinanced as a self-employed individual. I'm currently seeking investment properties (SFH or possibly duplex) with the intension of paying cash (inc...