Hi All,I have a deal that I'm trying to close for $105k. I don't quite have the cash for a 15% down on investment mortgage plus closing fees. I have a 750+ credit score and 0% debt to income with a $100k+ salary. I'm ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/299820/small_1702166260-avatar-annacb.jpg?twic=v1/output=image&v=2)
As creative financing and how to get financing is a popular topics on this forum, I thought I would share. I am closing Friday on a condo in Columbia, SC using a personal loan. The entire loan application process to...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/323/small_1641306776-avatar-beekrock.jpg?twic=v1/output=image&v=2)
I know that opening a new line of credit will hurt my FICO in the short-run, but will raising my credit limit on an existing credit card have the same effect? Would it count as "new credit"?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/146035/small_1694901433-avatar-jeffcwang.jpg?twic=v1/output=image&v=2)
Hello,Many years ago, my family helped me purchase a house and gave me a portion of the downpayment. Fast forward to today and I've made a nice profit on the house. I'm currently in the process of doing a 1031 exchan...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1204410/small_1621510179-avatar-seanw131.jpg?twic=v1/output=image&v=2)
Does anyone have experience borrowing residential loan of $50k or under? I heard most banks won’t lend for such low amount. My banker from Chase said he ‘believe’ the lowest amount they can lend is $10k. He doesn’t so...
I am currently screening tenants for an upcoming vacancy. I found a tenant that initially sounded great, but some details on their credit report worry me. While their credit score came back as excellent (~720), they...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1065232/small_1621508326-avatar-takiyahr.jpg?twic=v1/output=image&v=2)
Hey everyone, So this what I did..I have access to 60K in personal LOC. Instead of using my own capital (16K) I used 30k of my personal LOC for the down payment on a duplex. The all in cost is 85K with an ARV of 125-1...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37034/small_1621370217-avatar-dkonipol.jpg?twic=v1/output=image&v=2)
FIVE SIMPLE RULES FOR CUTTING RISK WHEN PASSIVE INVESTING
Never place more than 10% of your capital in any single investment
Never place more than 25% of your capital with any one sponsor
Never invest in...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/386692/small_1621448317-avatar-jshipp36.jpg?twic=v1/output=image&v=2)
Does anyone know how to get credit started for a Real Estate Company
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2134323/small_1669494160-avatar-jewelg2.jpg?twic=v1/output=image&v=2)
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 a...