How hard is it to get a unsecured line of credit for rehab on a house? I have two mortgages and the properties are cashflowing. Good credit and I have around 700 a month for other debit.
Evening so I am in a jam i just currently decided to get into the Real Estate game. I bought a house in 2009 and allowed a family member to handle all affairs because they needed it. Needless to say i am learning the...
I recently went through the process of getting a HELOC to use for downpayments on seller financing deals. After everything was said and done, I was only given 11K for a 10-year draw period at 9.1 percent. I was disapp...
how do I go about getting a mortgage for a $20,000 home? Can I do a 15 year or should I get a personal loan?? Please help I know nothing!
Hey all,Just had a quick question. We recently moved a property into our LLC from a business partners personal loan. We had no problems at all and the bank was happy to do so with no issue. Does the Title now need to ...
I took a personal loan of $100K at 5% and lend it for my LLC to purchase a rental. I plan to charge my LLC 6% interest rate.1. Is there any benefit to write up the loan as a mortgage vs a regular business loan?2. When...
I'll try and keep this as short as possible.I am a Realtor in Georgia and Listed an "AS-IS" Investor owned property. Here are the Specs:Built in 1955, 3 beds 1 bath, 1155 sq ft on 3.2 AcresInvestor had it listed with...
Hello everyone,So far I have reached out to a few HMLs and have had zero success, I recently purchased a property cash in Cleveland, OH. Every time I speak with a HML they say the loan is too small. Take a look at the...
I don't have the cash for my 1st property I'd like to purchase as a holding. The house is next door and I have been in it. The only thing that NEEDS to be done is a new kitchen. Homepath is requesting a 20% down pa...
Looking for a good hard money lender or personal loan in Michigan. I need a 15k loan for a cash only property. I would like to be able to show the funds to the seller by Tuesday in order to put my offer in. ...