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Hello BP, Our LLC is new and we can not be qualify for a business line of credit. We already open a business account under our LLC name. I was told by someone to enroll in a company that build business credit for n...
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Is it customary for private lenders not banks to ask you to provide your own credit history? I have done several loans with banks and they always just pulled my credit. I am starting to work with a private lender and...
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Hello Fellow BP members,
This is Sonia from West Atlanta...I am wanting to get started in REI and need to know the best course of action. Have had the desire for 15 years now and have done the home study courses, se...
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Hi. I have a tenant who had rented a small 1 bedroom condo in Fairfax, N. Virginia for about 2.5 years. He is a federal government employee in Washington DC (working for HUD). Early August, he was 1 to 2 months beh...
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I was stunned when our family friend told me that she would contribute $100 K in cash towards my purchase of a $250,000 Duplex at Tinley Park, Il. I already made an offer on this Duplex and waiting for the Seller's ba...
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Hello Biggerpockets,I recently stopped by the local tech college and inquired after their real estate program. I guess they teach a class that prepares you to take your real estate exam. Is taking a course like that r...
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Sorry I have not searched the forum for this topic as to my computer is foobar'd and needs formatting tonight or tommorow.. But I just moved out to Edmonton Alberta Canada from Ontario,
I am now apprenticing Automot...
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Thank you for taking a moment to read this: I live in Queens NY. would like to start investing in real estate in Queens. I only have fair credit, 700, how can I get a loan to buy my first property, when of course, I f...
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Hello,
I want to get my first multi-family home using an FHA Mortgage. I don’t have cash but I know I can get approved for a line of credit that would cover my down payment. Would the bank consider me a risky lender...
What are my pros/cons of using a small business loan vs loc? Up until this point we have used private money and hard money to fund our deals. We have fix/flipped approx 20 homes so have a strong track record of succ...