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Results (10000)
Nana K. is it ok to use line of credit / credit card to start
16 June 2014 | 29 replies

I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pr...

Gary Parker Subject 2 HELOC
20 November 2021 | 4 replies

I have a home under contract where the owners are deceased and there is a HELOC in place. There is a $30K difference between the credit limit of the HELOC and what is owed. The sellers (the children of the deceased)...

Stefano Mannino Business line of credit
27 December 2017 | 2 replies

When trying to obtain financing for an investment property , can I use my business line of credit for a down payment on a mortgage ? Also if a seller is looking to hold a 15% note on a property , how do I structure t...

Herbert Cuthbertson 1st position Lien question
21 June 2021 | 3 replies

Hello everyone, I have a question about a property that I'm hoping someone can clarify for me please. I have property close to being under contract (seller has contract being looks over). The property is paid off but ...

Jonathan Park Is it me or does my market really suck? Maybe it's just me?
8 January 2014 | 16 replies

I've been talking to sellers non-stop making offers, putting up signs, doing direct mail. Using scripts when talking to sellers, but every time I talk to sellers, they are asking full retail price for run down prop...

Yash Warke "Cash only" covers HELOC?
8 February 2023 | 7 replies

Many sellers ask for "cash only" for their properties. If you have a HELOC that has enough line to cover the price, does that qualify to be a Cash only offer?

Adan Saavedra Buying my first property (roots in sewer ) should I buy it
17 June 2016 | 10 replies

Hi everyone I'm new here I'm about to buy my first property but we are having some issues ,I'm puying a small bungalo 1943 its been remodel in and out last owner really cared about his  home but wearehaving issues on ...

David Kuhlke Negotiation advice needed - Urgent! Property under contract!
26 October 2019 | 13 replies

Hello BP community, Need some advice on a property I have under contract. I discovered during the due diligence that here are 2 breaks in the sewer line. The cost is $7,500 to fix. However, the seller claims there is ...

Ryan B. Why a business line of credit?
3 August 2011 | 8 replies

Forgive my ignorance, but I just want to make sure I am thinking correctly.

I have a home equity line of credit that is open and I can draw cash from whenever I want, is a business line of credit along the same theor...

Stacey Lancaster Seller Didn't Disclose a Major Issue - Now what?
22 May 2020 | 12 replies

Hello, we recently bought our first STR cabin in Gatlinburg. After the plumbing backing up three times in the last two months with just normal use, we have had two plumbers confirm that the main line is clogged with ...