Kathy C.
How to keep Credit score high while still buying homes
Each time I buy a home my credit score takes a hit. I'm trying to brainstorm ways to do minimal damage to my credit while still borrowing for more homes and increasing my debt load. What do you do ? Or do you just hav...
Dutch Smythe
Should I sell a property to pay off debt
Hello;WE have 4 properties. One in Jacksonville is a 500$/month loss- currently for sale. The other 3 in South Florida combine for 1200$ a month. Property1 we owe 40K- section 8 tenant. Property2 we owe 80K- a duple...
Jorge Vazquez
Home Equity Loans vs. Home Equity Lines of Credit: What's the Difference?
When tapping into your home’s value, you have two main options: a home equity loan and a HELOC (home equity line of credit). A HELOC works like a credit card—you can borrow, repay, and borrow again, making it flexible...
Sean DeRue
Credit Score Building Help?
At the start of my RE career, and it's time I start earning credit...I've only ever used my checking account for my transactions, so I currently don't have ANY credit.My checking has about $1500, and I am earning 550 ...
Naveen Rondla
Cash out refi or HELOC
I bought a townhome few years back as primary home with interest rate of 3.875. I moved out to buy another home and kept this house as rental. I owe 130K on the house and the house is valued at 220K. I would like to t...
Han Qing Zhang
How to get a business loan if we are young company?
My friends and I formed a company 1.5 years ago and started flipping in Seattle Area. We have track records of success and now seeking for working capital for more upcoming project. Is our company too young for a busi...
Micah Kohls
Lender for borrower with no SSN (just a taxID)
I’m the seller. A buyer has approached me that does not yet have a SSN. He is a contractor. He has a Tax ID. How or who can get him prequalified to buy of he doesn’t have a credit score??
Justin Simkins
Do you have to pay monthly payments on a HELOC?
Hey All!
Newer to the RE investment world and I was curious how a HELOC works as far as repayment is concerned. I know they’re simply a line of credit structured around your current equity in a property, so do you ju...
Jon Crosby
Best Credit Card for Operating Expenses/Rewards for VR's
Greetings all! Quick question. Wondering what credit card you like to use to manage your VR/STR to reap the points from general Op Ex? Lots of ways to slice this, but things like airline points to pay for scouting ...
Mark Douglas
Credit Card Cash Advance ?
Has anyone got experience in using the cash advance as a downpayment, and repaying the loan from the cash flow? Has this been effective? What are some risks (aside from the high interest rate on repayment)?thanks !