Hey guys, My name is Mark, I am a 19 year old investor and just closed my first triplex in New jersey. I have been talking to a potential tenant and he has terrible credit but claims his father has the same name and t...
Hello! So I’ve been thinking in circles for weeks about how to best pull this off and I figured maybe this would be a great place to gain some insight into what I’m either missing or just not understanding. I am looki...
Hi all,So I used short term business credit (Business Credit Card) to purchase a Townhouse. The asset is in good condition and cash flowing nicely. The issue I have is that my intro rates on my card are expiring and I...
Has anyone used a "Commercial Equity Line of Credit" (CELOC?) to refi a group of properties? My thoughts were to have the current commercial (Hard money) mortgage liens released prior to getting an CELOC. I know the h...
Hello everyone,
I have a client with a credit score below 620 which makes it tough to get a loan. Can they do a 1031 exchange and use their funds towards the down payment of a property and have their daughter take ou...
Hey folks, I’m in the process of refinancing a couple of properties I have. However i made a mistake and opened a couple of credit account and it lowered the credit score drastically that the qualifying score is 703 b...
Hi I'm a wholesaler with a decent amount of assets looking to finance my 1st invest property or rental property within the year. What is the best avenue I should use to pursue this?
Best option FHA? I'm just trying to build up my credit so I can qualify for it. I'm in an abusive and toxic home situation so I'm trying to get a home fast. I'm not sure if I will qualify for FHA. What other options a...
I have 12k cash, 800 credit, 75k in real estate equity, no debt, but I’m currently making very little income on under the table side jobs. I want to get a loan or home equity line to buy a 25-40k house to fix and ren...
I am an ambitious young woman 32 who is looking to invest in a first time home purchase. I would like to go with a multifamily home and would get an FHA loan. My credit is between 540 and 560 which is close to the 58...