Casey Veal
Strategies for down payment
Hey I’m looking to buy my first house, the seller is asking $130,000 and I think I can get the house for $115k based off the comps in the area. I got with a mortgage broker and they told me I would have to put 15% dow...
Andy Camarda
Creative Rehab Financing
I'm part way through a rehab on a 2 flat that I am converting into a 3 flat. I ran into a lot more issues than expected and am going to be a bit short on cash to get this done. The plan was to do a simple BRRR, I'm ...
Jewel B.
Questions to Ask - Credit Union
Hi everyone,
I will be contacting my credit union on Monday. I am a longtime member there. I will be inquiring about unsecured personal loans, mortgages, and refinancing. I am interested in SFHs and small MFHs. Local...
Ryan Keenan
Using line of credit
If you use a unsecured line of credit to buy a property is that the same as buying cash? Will you be able to refinance in less then 6 months?
Thanks!
Robert Peeples
SBA financing for first time real-estate flipper
I want to flip houses. Could I create an LLC or Scorp, open a SBA unsecured business line of credit and use that line to finance the down payment and reno cost for the flips?Background- I'm 28, work full time, married...
Miguel McKinnon
*Alberta, Canada* Looking for Commercial Bank Recommendations
Hi all,
Looking for some recommendations for commercial banks for a day to day chequeing account, unsecured line of credit and HELOCs.
I've chatted with Servus and Canadian Western, but haven't been particularly i...
Christina Merlo
Where to find Private Lending for Next Investment
I currently have four doors that I have bought with a variety of methods, BRRR, hard money, seller financing, construction loan. I have come up with the down payment for each of these and I am completely tapped. (HELO...
Jon Christian
Lending hard money loan, need advice
Hi all.
My real estate agent buddy, whom I've known for a long time, wants me to loan him $7500 for a max of 45 days to pay off his contractors while his investment property flip closes. I don't have any reason to d...
Jessie Dillon
Passive Investors: What's your preferred investment vehicle & why?
doing some research for an upcoming presentation, and as a hands-ON investor, it can be hard for me to really put my 'hands-OFF hat' on and compare passive investing vehicles without any bias. i'd love to hear especia...
Account Closed
My Property Management Company took $8,000 from us!! What to do?
As it turns out, property management puts you at risk like anything else does. Hard lesson learned. We just found out 2 days ago that the owner of our property management company has been embezzeling all funds from ...