Christopher Todd
Selling a property with a 2nd mortgage
As many people do in their younger years, we accumulated a fairly large amount of consumer debt; around $55,000 worth. However we began to make better financial decisions and in the process of such built a home that h...
Prashant P.
Anyone use a Home Depot or Lowes Commercial Credit Card
I am starting a new rehab and was considering applying for a Home Depot commerical credit card. The reason was two fold. The first being I can build credit for my LLC. The second being I could use any financing dea...
Ludmila M.
Home Depot (Credit) Cards - which one??
Hi all,I am confused with all the options Home Depot offers. As a disclaimer, I did read through past posts on this same topic, and still not sure what I should sign up for. What would you recommend for a rehabber? ...
Jackson Casteel
First investment
Biggerpockets community I have a issue and I'm looking for my first investment property. I want to hold this property as a rental for as long as possible. My bank has me approved for 215k but I want a home in the 100...
Account Closed
Dodd Frank
I've seen multiple debates surrounding Dodd Frank and am feeling very lost. Some passionately feel investors should back away, while others feel there are still creative solutions for desperate home owners. Looki...
David Stone
Pay off debt + 1031 exchange?
Hi, we have a property we have held for nearly 4 years. It cashflows and has appreciated in value since we purchased. With the profits, we are looking to sell it to pay off debt, get us out of the rat race, and pick...
Nancy N.
New Freddie Mac mortgage plan bundles purchases and repairs.
Freddie Mac unveiled a new financing option this week that will allow consumers to purchase a home and finance renovations all with one loan.The CHOICERenovation mortgage is meant to address the “need for more efficie...
Nate Hawkins
Ramsey or Kiyosaki?
I think I wrote this post a dozen times and deleted it. I'm not sure how to ask it.
In 2013 I lost my step mother(mom) to cancer she left behind many assets and a bit of money for my family and I. Earlier in 2013 I a...
Nick Patel
Do I need a license to Invest in Notes in Maryland
Does anyone know whether you need to be licensed to invest in non-performing notes (1st lien) in Maryland? I called Maryland State board and was told that as a company (LLC or solo Propritership) I am required to have...
Michael Plante
Does land fall under Dodd Frank?
What about mobile homes sold as an automobile with the title?Because I want to say Rent to Own and not lease with option. Why? Because in testing both the responses to Rent to Own pull literally 30 times as well...