Anyone know of a lender that offers lines of credit on investment properties? My situation: I have one rental that was my personal residence before getting married and moving into my wife’s house. Consequently, the re...
Hey everyone, My wife and I are currently looking to purchase our first rental property. This is located in upstate New York. The owner of the property is selling the triplex we are looking at and a duplex right next ...
Here is my situation:
I live in northern CA. I own 3 properties and live in 1 of them.
Property 1: value $1.1M, debt = $700K
Property 2: value $750K, debt = $400K
Property 3: value $500K, de...
Hi Everyone, I have an investment property with 500k in Equity. I am having difficulty finding a bank or credit union willing to extend an Equity Line of Credit, the only bank I found was Wells Fargo and is willing to...
I have a decent amount of 0% credit available on a personal credit card. Can anyone tell me if there is a way for my LLC to access this credit to help with rehab costs? Of course, it would need to be done in a way t...
I've heard of strategies with people using a LARGE line of credit as their primary financing tool. For example, 5 units at $200,000 each is their collateral for a $1,000,000 line. When the line is paid down enough, ...
I am looking for a $5MM line of credit to flip houses.I am working with about 2MM cash and want to leverage it. Does anyone have any good reasonable sources of money that are non recourse?
I'm considering a financing option through a company called Fund & Grow. Have any of you heard of it? (They help you establish a business line of credit that you can use for real estate investing...)I'd be curious...
Who do you recommend for unsecured lines of credit in Washington state ?
I'm about to start my first LLC in Illinois. Any tips on establishing business credit conventionally and creatively will be great. Any info on trusting HML's will be greatly appreciated also. Thanks BP Family.