Michael Evans
Can you get line of credit on Multi family property?
I own a 51 Unit Apartment that's valued at $3.6 million and we owe $2.5 million. We have some repairs we need cash for and I was wondering if it is possible to get an equity line for an apartment?Ive considered doing...
Patrick Padovano
Building investment prop, what account should I make draws from?
I’m building my first rental property on a piece of raw land I recently bought under my name. I plan to eventually transfer it into an llc I created once it is rented, and refinanced. Would it still make sense to open...
Miles Stanley
Down payment financing?
So I've read in multiple forums that a down payment on a conventional mortgage cannot be borrowed. To me this implies that Lines of Credit, Private Money, etc cannot be used for the down payment the bank is expecting...
Leif Norris
Quit Claim Deed issued.
I purchased land in Mountainburg, Arkansas at Crawford County. The land was owned by The State because tax delinquent. Cheap Lands firm came in possession of the land. I purchased the property from Cheap Lands and was...
Sean Maloney
Other and best ways to use built up equity In properties that are free and clear
I have several free and clear properties. Besides HELOC or lines of credit are there any ways people are using built up equity to secure their deals? I have heard of a way to tie a property with equity to others to sa...
Amanda Herr
Build buiness line of credits and authorized users
Hey Everyone,
This week I came across two websites on building business credit line and using an authorized user. Not trying to promote any of their products but I need your opinions or have any of you heard this b...
Tim Greenfield
Duplex with 1 water line, splitting into 2 separate lines
I am in the process of buying a duplex in Cleveland Ohio. I have allocated $100 a month for water. This duplex only has 1 main water line to both locations. However the other utilities are separate. I would like to fo...
Patrick Snoke
Business- Personal anonymity / Professional Appearance
How important is separation or anonymity between my business and personal when I'm using my home as the registered place of business for my LLC, and using a work cell phone for investing. It was never an issue in the...
Ryan M.
Time to max out credit lines?
I'm reading that corporations are drawing on their credit lines in fear of banks taking them away.Have any investors had their credit lines or HELOC's cancelled recently?As of a few weeks ago I was getting promo rates...
Lindsay Conway
HELP
So wondering what the best way is to use my cash and lines of credit and Mortgage?Currently, I have 4 properties. I started out using my cash and I'm questioning if that was the right decision. So i bought a duplex al...