Liam Ritter
Got an unsecured business line of credit
Got $100k business line of credit with 710 credit score to buy some more properties.Do you think it is better idea to buy a rental house (worth $70k) with the credit card paying all? Or do downpayment 20% with it (app...
Emily Allen
Electrical Permit Question
Hello! I have a specific question about pulling electrical permit. I'm working on a rehab. Power in the house has been disconnected for 4+ years and Georgia Power has removed the line going from the house to the stree...
Joan Brown
HELOC for down payment, Conventional Loan for remainder?
If I have equity in my home and get a HELOC, would I have to use the equity to purchase one investment property outright? I would like to be able to cover several down payments using the HELOC and then get conventiona...
Sara Siri
Close of escrow for 1 week; home has major sewer line; should seller pay for it
Hi,We just purchased a home and closed the escrow recently. We moved in 3 days after closing. After living there for 2 days, there was a major sewer line issue. Both toilets and both bath tubs were also clogged (the h...
Michael Garrett
Multiple Lines of Credit
I am still in search of my first deal so I'm busy looking while also seeking out funding options. Since I am just starting out flipping single family homes, I have no documented experience or homes as collateral so ge...
Melissa Searing
On house flip TV shows, why do none of the investors get inspections??
Do any of you risk flipping a house without an inspection?
Robert M.
4 Unit Apartment Building with one Water Line
Hello All,I currently own an apartment building in which has four units. Unfortunately the building has one water meter and line which provides free water to the tenants. I had new tenants move in and I believe they a...
Jon W.
Neighbor wants me to remove tree with branches falling in her yard
Hello BP,I have a rental property with a lot of large trees. On one side, some of these trees are hanging lower and drops small branches into the neighbors yard. She has been complaining about the constant cleanup o...
Alkis Valentin
Tenant calls the Fire dpmt and ConEd for gas leakage
Hi.One of my tenants called the fire dpmt this morning cause she could smell gaz. The fire brigade shows up, conEd follows, and they find a leakage in the basement of the house (far away from the tenant's apartment bt...
Lucas Forschler
Line of Credit on a Rental when owning 5+ Financed Properties
I've peaked around the forum and can't find anything recent that addresses this question.My husband and I currently own 9 properties, 8 of which have financing. One is a primary residence, 3 are ongoing flips and 4 ar...