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I have a unique situation. My mother passed away in may and my sister and I will be beneficiary of her house. But we have to put it in probate before we can put the house in our name. She didn't have anything else oth...
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I have a vacant property in Lake Worth Fl, I would like to build a duplex or triplex on property, Property is paid for, I am cash poor, approximately 5000.00 and credit score is fair . Im trying to save more money, an...
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Would it make a difference if I approached several lenders for preapproval?How much would my credit score be affected?
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I've asked this question in other areas and have yet to get 1 response, maybe here will help - before investing, financially where should I be? (I understand no one can give a clean direct answer but a ball park)I'd l...
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I have two rentals and I'm curious if putting them into a separate entity will lower my personal DTI, or do they still count the properties since I'm technically still the one guaranteeing the loans.
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For those of you who don't know Prosper.com is a website where you can get loans from other individuals who invest in increments of $25 at a time. I was thinking of using prosper as a downpayment for a cheap investmen...
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Good Afternoon y'all!I recently moved to Dallas after graduating from Texas A&M University with my masters in Real Estate. I am currently working for a real estate lending company in Las Colinas. Working in the in...
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Hi everybody! I have been wondering if any of you have ever used a credit card to purchase a SFR free and clear. If so, how would you generally go about quickly paying off the balance of the credit card? HELOC, a Home...
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Hello everyone,
I'm looking for some guidance on my plan to use a Home Equity Line of Credit (HELOC) to fund a fix and flip project. Here's a summary of my financial situation:
**Income:**
- I earn an annual gr...
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I bought three rentals in 2007 in the Sacramento area..C class area. Purchased for 175 each owe approximately 100,000 on each. Interest rate of 4.5 -5% 30 year. Each one is worth approximately 300-320 if I put appro...