Carolina E.
Broker VS. Credit Union
Hello BP!I am currently looking to do a cash out refi. I was speaking to a broker that actually got me the loan on this house. He was great, but know looking into doing the refi his rate seems high. He says that a ...
Ryan Arth
buying rental properties drags down your credit score?
ok, just found this after the fact.
I purchased a rental in november and it is rented. Am just purchasing another, not rented yet. Have the cash to buy a third, so i asked our lender if i can get it under contract ...
Samuel Propersi
Introduction/mortgage question
Hey BP!
My name is Sam, my wife and I are currently looking for our first home/investment in St. Paul, MN. I've been browsing the boards for a few weeks absorbing as much as I can and I'm slowly working my way throug...
Chris Vogel
Banks vs Private Investors
If I set up an LLC would it be better/easier to get a line of credit from a bank or hard money lender? I am trying to learn as much as I can about investing before I jump into it! Thanks in advance for any input.
Daniel Weed
Trouble finding a HELOC in Arizona
I've been calling around and searching online for a HELOC in AZ since that's what I continually see recommended as a way to get money to use as a down payment.
The problem I'm having is that a lot of the lenders I ta...
Chad Miles
Rent Paid Full Up Front?
Hello BP community, Essentially my question to you all is this: if everything on an applicant checked out but their credit, would you rent to them if they paid a years rent up front? I am a 21 year old house hacker lo...
N/A N/A
Mortgage for myself
Me and my girlfriend are looking into getting a condo or a house for ourselves sometime very soon before we start our RE investing endeavors. I spoke with a loan officer at our credit union who referred us to someone...
Patrick M.
Business Account or "Business" Account with Bank
When opening a separate account at the bank for rental deposits, rent, and expenses are you opening an actual business checking or are you opening a personal/general checking and calling it your "business" account. K...
Mo Um
Rhode Island Home Equity Line of Credit (HELOC)
I’m looking for a bank that offers a HELOC on an investment property. I did a little research and consensus says to check more local banks. I found one that does, but now they are saying they must be the 1st lienholde...
Jody Sims
FortuneBuilders? OR FortuneTakers??
[Note: This post was originally a reply to an OP from Columbus, OH talking about having been "Accepted" into the mastery program. I felt it needed to be disseminated wider than that so others can decide for themselves...