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I am looking at using a Home Equity Line Of Credit (HELOC) to buy a house in San Antonio but I am new and don't know how the timing will work. I know you can get pre-approved for a typical mortgage and use that pre-ap...
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Hello everyone,I've been searching the forums to find out how to utilize the BRRRR calculator when a hard money lender is involved but can't seem to find a straight forward answer. I would like to be able to enter a...
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I'm considering a strategy of applying for and (hopefully) opening multiple personal credit lines totaling at least $100k, and using them to fund 100% of my rental purchases & rehabs. This would be as an alternati...
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I’m planning to do some buy and hold investing in 2014 and am looking to use a business line of credit for my down payments when purchasing new properties. Depending on the lender, they will require a 10% - 20% dow...
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Good afternoon to you all,
My name is Adonis Covington and I’m a newly licensed real estate agent! I am looking for options to fund my new business venture. My end goal is to complete fix and flips, and short term r...
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Hello Everyone,Ok so I have been reading, listening to tons of podcast and have a solid understanding of analysis on properties and even avenues for types of loans. My scenario is this and I would like some advice fo...
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Have a team with 2 other partners in which we will each throw in “X” amount in for start up capital. Plan to purchase and rehab rental 1 with cash. In order for us to get money out for rental 2, what is best? Line of ...
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Hey Guys,I read an article that suggested one way of getting financing when you are starting out is using business lines of credit. It suggested even newly formed business can get lines of credit(unsecured loans) ba...
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I'm currently looking to purchase a new home and heard about a home equity line of credit. The concept seems really cool and the potential to pay off your home faster while still having access to the funds is very app...
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I am currently in a situation where my last refinance put me in a position where I have $10,000 in leftover capital and was able to purchase (3) properties in cash (i.e. that I plan to borrow against for future acquis...