Account Closed
Overpaying to fund rehab costs
Duplex for $160k. Needs about $40k in rehab.
Is it possible to come up with an arrangement with the seller to agree to their $160k but pay $200k then after closing have the seller give me the $40k back and I use tha...
Christopher Lombardi
Line of credit for large property owners
I find you can learn a lot reading annual reports of Multi-Family REITs. I came across a company that purchased all of their properties for a discount by paying all cash and using a line of credit that they had with a...
Sarah Byun
Using Home Equity Loan as down payment for investament property?
There's principal balance left to Home Equity Loan on our primary home. If we pay off the balance and reapply for another Home Equity Loan to use as our down payment, what are the chances of getting the mortgage for ...
Kendrick Porter
Finance for my first investment property
I have a fico of 800, decent income looking to get into real estate. Trying to figure out what’s the best way to leverage my credit. I’m looking at homes to rehab, hold or flip. I already have a traditional loan on...
Allen L.
Have you guys used personal no collateral loans for real estate?
I recently received a letter from a company claiming that they can give me funds up to 250K, no credit check, not reported to credit bureau, and between 6.99 - 11.99% interest, up to 12 year amortization, and funds in...
Alex T.
Slip and Fall Claim - What do I do?
I am working on a rehab right now, and I just received a letter from a law office stating that their client was injured on my property by a "piece of wood which was unsecured" when it "fell and struck her on the head....
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corporate credit
Hello,
I am looking for a good company that does corporate credit. Can anyone recommend a good company that you or someone you know used and come through for you in a timely fashion?
Bienes Raices
What is the benefit of a collateral loan (i.e. "CD loan")?
These are the loans where a bank lends you (for example) $10,000, but you must establish a CD or savings account with that bank in the amount of $10,000 as collateral and you can't touch the account until the loan is ...
Connor Williams
Pooling Investors Money
Just a quick question, hopefully to get a quick and simple response. I've been looking all over and not sure if it exists or not, but where are you suppose to put money to make everyone in the transaction feel safe. ...
JP P.
Financing Options on Potential Property
Hey BP, I'm looking for advice on options that I can pursue in obtaining financing/"money" to purchase a home that is for 22k.Here's the background and details:Found a home for 22k and at most it needs 2k to put into ...