Tanya Ansari
Business LOC to use for RE deals
Hello BP community!We are looking for ways of how to use Business LOC to invest in RE.Can someone explain in simple words how it all works? Pros and cons?We do have great credit scores, financial situation. We opened ...
Jason Jones
Need Financing...
Anybody know of a place to get some good financing?
I've got 2 properties currently waiting on financing, plus this 3rd prospect.
Verified income, credit scores of 800+/-, all units cash flowing, no personal debt,...
Raden Mantuano
Turnkey property rental forms.
hey guys it has been a long time since I have been on. And it has been the time to decide to take action. I am looking into a turnkey property outside of Cali little to no money down. I was just wondering what approva...
Joseph Martin
Get LOC on equity based on Cash Flow
I recently bought a rental property. It is a duplex, and rents are earned using the boarding house model; eight doors with leases. I acquired the duplex with a 1031 exchange, and a commercial loan. I was planning to r...
Lee Schram
bank financing
Is anyone having any luck securing bank financing for fix and flips in Illinois?
Nick Naik
Question about how to use home equity for buying rental property
Hello All,I have a question on how to use existing equity in a house to either BRRR or buy and hold. The current rental I have has decent amount of equity and I want to leverage that vs. going to hard money lender or ...
Shannon X.
LOC/ Business LOC
This is a two part question, first what is the difference between a regular LOC and a business LOC? Second, could you get a line of credit on a rental or can you only get LOC if you live in the house?
Thanks
Account Closed
Financing for $20k houses majorly distressed
Where do you go to get financing for majorly distressed houses in small towns? Example: contract price @ 20k and remodel cost $30k = total $50,000. The mainstream lenders pass these up. Is there any mainstream pla...
Matthew Roberts
Unsecured Line of Credit
I recently applied for and received a pretty substantial unsecured line of credit with 0% interest for about 15 months. Everything seems like an ideal situation for this type of loan. I'm a newbie in REI and I'm afrai...
Rory Fowler
Paid cash for rental, titled in LLC, need advice.
After a year of working our tails off to get in position to invest, we finally purchased our first property. And we feel great about the deal we got. We formed an LLC and found a lender who would take a 30 year tradit...