Hey there BP - Need some guidance on Rent with Option to Purchase. The renter (soon to be homeowner) is getting shafted becasue of Fannie Mae guidelines, from what I can tell. Does anyone know of updated guidelines ...
Is it possible to us a line of credit (that doesn't require collateral) from my personal bank as a downpayment? I'm fairly new to real estate investing and am trying to see if anyone has experience with doing this? Th...
Has anyone had success attracting buyers by offering a seller credit for an interest rate buydown? An agent buddy of mine suggested it and it sounds like a potentially great sales tactic in the current environment. I ...
What is the best method of establishing business credit for a newly created LLC? My LLC was created in 2016.Thanks - JS
I'm working on my plan to start flipping houses and I figure if I can work my way up to a $300k line of credit for my LLC I can fund 2 rehabs at once and cover carrying costs without having to use my own cash. I have ...
Hello,
We have our house paid off. At the time of paying it off we took out a line of credit back in 2011. I am looking at rental properties and thinking of using a small portion of this as a down payment. We...
I have funding though seed capital. However the fees are extremely expensive for liquidation does anyone know of any companies that have a reasonable fee for pulling cash from your credit line?
Hi all,
I am trying to get business line of credit for my LLC.
My LLC only hold one property and collect rent from it.
Most bank reject me because is a LLC that hold a condo only.
I can't get business line of cre...
It appears there are less banks/lenders out there doing lines of credits on a rental property vs primary home. What banks or lenders are other investors using to access some of their equity? Not looking to cash out re...
Hi fellow BPers. I am looking for a recommendation for a company that does unsecured personal lines of credit to speed up my growth rate in my flipping business. I previously used a company for my first flip that use...