Luke McDaniels
Using a personal line of credit for BRRR property
Hi, I have been reading BiggerPockets for the better part of a year and feel as though I should know enough to look for my first deal in a month or two. While my long-term goal is to invest using both the fix and flip...
Landon Miller
2nd Lien Construction Loans for an addition?
Deciding to renovate my personal residence instead of trying to buy in this market again (Denver). Rates have gone through the roof so I am trying to research the possibility for a 2nd lien construction loan. I want...
Jeff King
Need help/advice
Im still a newb to REI and have an unusual position but need some advice from more experienced investors. I bought a house free & clear in southeast MI last December and am currently rehabbing to get rent ready...
Philip Lamachio
Dodd-Frank and Mobile Home Seller Financing
So, if used mobile homes are considered personal property and not real estate (unless they are sitting on a permanent foundation, why does Dodd-Frank apply?
Cam Galasso
New investor questions
Is it impossible for a new investor to get an unsecured line of credit for around 100k-200k with no collateral but great established credit and income?
Amadeus Hladun
Personal line of credit, should I apply for one?
Hi, I was just wondering if anyone could explain any pros and any cons to getting a personal line of credit or any options there are that they know of to have a pool of money to use to finance my deals, because the tr...
Dan Shelhamer
No Fee, Fixed Rate Personal Loan
I receive multiple of these letters in the mail every week about "Pay off credit card debt with a no-fee, fixed rate personal loan". It always says I'm pre-approved for anywhere from $35k-$75k.Has anyone every used t...
Brandon Ingegneri
Lines of Credit
I recently closed on my first large bundle commercial mortgage that comprises 6 of my two and three family houses. Up to this point, I have purchased outright, or refinanced with conventional residential loans, so thi...
Anna Buffkin
Personal Loans to purchase real estate
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...
Adriel Hsu
Quit Claim Deed to Cash Out Refinance
Hello,I'm a newbie here and currently trying to figure out financing on my first rehab.I borrowed $20k from a private lender which covered the purchase of the home all cash including closing costs.I plan on doing the ...