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...
Is obtaining business credit a good way to acquire property?
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.
We are looking to use our line of credit for our down payment (while obtaining financing) and keep our cash in the bank. Do we have to transfer our money from the line of credit into our bank account to "season" as I...
Hello,
Does anyone know of a bank that will provide a line of credit based on the equity in a rental property in CA? TD bank does so but only on the east coast. Would appreciate any input. Thanks.
Does anyone utilize a line of credit as an emergency fund?
Hi, I was hesitant about writing this but want anyone out there that can help. Please give me any tips or advice. I rather sleep peacefully at night. I could use the criticism and just want to not worry every month...
Hello,I have been doing the landlord routine for the last 6 years. I have 28 units now and it's time to improve my systems and look for better ways to run credit, etc. I have mostly low-income tenants with poor credit...
I recently read an article that there is a 30 % Federal Tax Credit for installing Solar Panel. Does anyone know if this is also available on investement properties?
i recently read an article that there is a 30% Federal Tax Credit for instakking Solar PanelsDoes anyone know if this is for investment properties as well