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Results (7305)
Clayton Coombs Line of credit for a rental property
7 January 2019 | 14 replies

Hey guys, I have been successful getting lines of credit on my rental properties (Some under my LLC & some under my name) for single family homes I have tenants in. However the bank I typically get these lines fro...

Roselynn Lewis Building Credit for LLC with Private Money
24 June 2013 | 2 replies

If I would like to build credit for an LLC and I am currently financing my RE deals with private money, any suggestions on what steps I should take? I would like to eventually have all by transactions under the LLC.

Nathan S. Equity Line of Credit for Personal Emergencies
25 May 2017 | 3 replies

Hi BP world, if my wife and I are diligently saving around 1/2 of our paycheck for 20% down SFH deals (total of seven is the goal- two down, five to go), we may find ourselves low on personal reserves from time to tim...

Javier Graves Business Credit For Buy and Hold Strategy
2 November 2017 | 1 reply

Is obtaining business credit a good way to acquire property?

Account Closed Equity Line of Credit for Rental Property
28 May 2019 | 1 reply

I am a new landlord, as of December 2018.  After a few months of being a landlord, I feel confident in expanding my business to a couple more properties.  However, like most new investors, getting financing is a chall...

Paul Chae Utilizing business line of credit for rehab
11 February 2020 | 0 replies

Hello everyone.
I am a first time investor in NY, investing in NJ.
I got approved for some amount of business credit a few days ago, and am working on a small rehab project.
This is the term that I've got, the tot...

Trevor Hough Using multiple Lines of credit for renovating
30 June 2020 | 6 replies

Hey everyone, I was talking to a local investor and he suggested I open multiple LOC's before building my investment portfolio so I have access to money for renovations with properties in the future. He suggested doin...

Christopher Taylor Business credit for LLC without personal guarantee?
16 May 2020 | 5 replies

Hello all, newby here. I have established an LLC and I'm looking to establish a line of credit for my business in order to acquire real estate. Is there anyway to do this without using my ssn and just leveraging my ei...

Ryan McCook Using someone's credit for a conventioal loan
29 August 2020 | 1 reply

Ok, here's the scenario. I am married, and file my taxes jointly, but am the sole income earner. I have 9 rental properties all 30 year fixed conventional loans. My wife is not a signer on the loans, but on title of t...

Jonathan L. Using lines of credit for property puchase
6 May 2014 | 3 replies

Recently, I have decided to try and fund my next property using the line of credit. I have $80k in LOC the interest rate is 9%. I would like to take out a mortgage on the property six months after purchasing it. ...