Charlie DiLisio
best place to obtain a business line of credit for REI
Looking to obtain a business line of credit. I have checked with Chase bank who I deal with mostly and they frown on REI for lines of credit. I'm looking into NFCU and putting together a business plan for SBA. Diff...
Shari Layton-Ferreiro
Line Of Credit for rental income properties in state of Florida
We have two homes presently. One is a rental already where we received a years rent upfront. We have fabulous tenants in that property which we screened using cozy.co. Our home in New York has a partial rental income ...
Cathy Bourbois
Line of Credit for a flip? Portfolio loan? Pros & Cons?
Hi. I'm a realtor considering doing my first flip. Trying to figure out how to best get money to finance it. My husband and I could get a 100k line of credit against our stock portfolio (4% interest only payment.) ...
Jasmine Hu
Will opening line of credit for rehab impact lending for rental
i would like to open heloc for future rehab. I also buy properties for long term holdling, My questions is that if I open HELOC first, will this amount be counted as part to liabilty thus impact ledin hour for future....
Stephanie Blouin
Can I use a student line of credit for down payment?
I would like to buy a rental property soon but because I won't be living in it I have to put 20% down. I don't have enough capital for that, I was wondering if I can use my student line of credit for the $5000-$10000 ...
Account Closed
Using personal line of credit for friend who is a builder
A family member is thinking of using their line of credit on their paid-off house for a friend who is a builder. I am curious if anyone has ever heard of or done this before. Apparently, when the house is built the...
Korey Darby
Whats the best way to build Business credit for new business
Hello Everyone ,
I just recently started a new business about a week ago and im trying to build some business credit. Is a secured business credit card a good route to go? My personal credit is fair but I'm afraid if...
Domingo Santana
Loan without enough references o credit for a newbie in US.
Hello,I just moved to Orlando from Dominican Republic. I am allien resident since 2013 but I have low references and credit history in US. I bought an apartment here in Orlando in Janurary/2014 and rented it. This ...
Nicholas Z.
Best way to use a line of credit for real estate
I discovered I could get access to a couple lines of credit recently, so I went ahead and opened them. Then I realized I wasn't quite sure how to use them to invest in real estate. From my research, it seems like the ...
Takiyah Riley
Using personal line of credit for down payment on rental property
Hey everyone, So this what I did..I have access to 60K in personal LOC. Instead of using my own capital (16K) I used 30k of my personal LOC for the down payment on a duplex. The all in cost is 85K with an ARV of 125-1...