AJ Wong
BIG HELOC Energy: Why large equity lines can be hard to get and what to do instead
With many seasoned real estate investors locked into low first mortgage rates and large equity positions, many borrowers and investors have been exploring tapping second position loans like home equity lines of credit...
Dan K.
Auction line of credit products?
I purchased my first property on auction.com and want to try for some higher priced properties.I noticed this line of credit product - https://www.auction.com/lp/auction-finance/Do any BP members have experience using...
Holly Thorsen
Lending question re: HELOC/loan options
Hi all! I own a home in CO which was my primary residence and now it’s a rental. I’m on the deed, not the loan for the current house I live in here in GA. What would be the best loan option for purchasing another prop...
Michael Webster
HELoan 125% LTV...Worth It?
Hey everyone. I'm looking at financing to get going on my first flip done exclusively by me. I've been a part of flips before, but mostly on the sideline. I've got great credit, but 1099 income (real estate agent),...
Ryan Planchon
Second Turnkey Property OOS
Investment Info:
Single-family residence buy & hold investment in Memphis.
Purchase price: $73,000
Cash invested: $21,520
Contributors:
Stephanie Jones
Second Turnkey Property OOS...
Kevin Suksi
Establishing Business Credit
We have an LLC which is about 9 months old and are trying to establish business credit. I have gathered from other postings that you want to try to get 5 trade lines established and that the business must be at least...
Miller McSwain
Personal Line of Credit for Real Estate
I found that US Bank offers personal lines of credit for $5k-$20k at 10% interest with no annual fee.I figured it wouldn't be a bad idea to have access to this for a rehab overage, black swan event, etc.Does anyone kn...
Jeet Sangha
Line of Credit On Rental Properties
Hello BP,I currently have 8 residential rental properties with approx $5M in equity. I do not want to refinance them because I have low interest rates on all. However, I do want to access my equity to purchase more pr...
Gwen Harvey
Purchasing Primary Home vs Investment Properties
I am close to retirement age and after a divorce several years ago I want purchase another home. I also want to purchase investment properties to support my retirement. Which should I do first? Also when purchasing i...
Jonathan Beckerman
Need Financing Advice
I purchased a 2 family with an additional livable attic floor. I live on the first floor renting top 2 floors as short term rentals.My Mortgage is at 3.35% and I rehabbed the house at 60k or so. Now I want to refina...