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Results (2373)
Luis Montanez Is this why the economy is the way it is?
25 March 2014 | 21 replies

Today I had a meeting with the Branch Manager of a commercial bank. I took my 2 binders detailing out my 5 C's all suited up and ready to get that Business line of credit or approval to get a commercial rap loan for ...

Michael Klinger Ideas on $25K loan for multi-family working captial?
6 January 2025 | 11 replies

It would be helpful to me at this time, to have about $25K in working capital for work on one of my multi-family properties. This relative to my situation, is a super modest amount of funds. It probably be best as a f...

John Hyatt How to get a loan on a house less than 50k?
4 October 2022 | 25 replies

I got inspired the other day when I read an article on a guy who bought 44 units in about 5 years, started at 20.I found a neighborhood were the houses are selling around 35k and the rents are $700! I got so excited I...

Lesley Ray First BRRRR, Hard Money vs. Traditional Loan
3 October 2019 | 34 replies

Hi all,I'm looking to purchase my first investment property in Cleveland, OH. I plan on utilizing the BRRRR method and am currently feeling torn on whether to obtain the property with hard money vs. a traditional loan...

Darunee F Credit Investing Pros and Cons Advice Needed
4 April 2008 | 3 replies

Can anyone explain the downside of becoming a credit investor and partnering with someone who provides the cash and assets? The plan is the non-credit partner somehow sells or pays off in 6-8 months.

I am wondering...

Marc Dufour Using Equity Line of Credit for more REI?
6 March 2014 | 7 replies

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...

Cory Pruyn Rehab Only Lending For My First Investment!
13 April 2021 | 6 replies

Hello, all!
I’m a new investor and I’ve recently acquired my first property. Now, I need to secure a loan to fund the rehab. Can anyone advise me of the best options to me as a new investor? Any and all info is great...

Al Morello 2nd Position Deal advice
12 October 2017 | 4 replies

Hi, I've done a few hard money loans in first position. First, though a company then on my own. I was recently approached for a 2nd position deal, which I've never done before, but the terms sound so horrible to me th...

Nick G. Cash out LTV on primary in NY
21 March 2015 | 3 replies

Hey Mortgage Pro's, What LTV are lenders offering now on a cash out refi for a primary owner occupied in NY? Specifically in Westchester county. Also what's the average seasoning time to refi?Thanks!

Mark Cole Should I pay off my loan or LOC??
14 February 2020 | 10 replies

Hello BP family. I have two major debts a 21K balance on a loan that i have at 6.99% interest and a line of credit with a 28k balance and 12.99% interest. I did a flip and made 40K. I truly want to invest in another p...