So I was just wondering others thoughts on utilizing a credit card I am able to get with good credit that has an 8-9% interest rate? Thinking of utilizing it for short term fix and flips so I won't be hanging on to th...
Hey guys, just trying to get started with real estate investing and wondering what your thoughts are on using credit cards for financing some of my seed capital costs for real estate investing? Good or bad idea, and w...
I was flipping through the forums and saw a post about how fast the crowdfunding sites are getting deals funded. It made me curious, so I went to the websites to learn more. It seems like a great platform, but in my a...
My question is How to raise money that requires $50000 or less in investment. I have spoken to few lenders that i work with and all are ready to finance but their minimum loan amount is $50000 with a min. 20-25% down ...
BP,
I’m looking to purchase a property when the current renters move out in June. I can make the purchase with my business partner’s credit card (12%), the property will be in my name (he doesn’t want to do b...
I know someone that is looking at a house tomorrow and if they like it plan on getting a personal loan to pay for the balance probably 10-15k so I was just curious if anyone did this before? I thought about trying it ...
Hello, I've been thinking about using credit cards to purchase another rental property then re-financing and paying back the credit card. Does anyone know how to siphon the cash from the credit cards without or with a...
Investment Info:Small multi-family (2-4 units) buy & hold investment.
Purchase price: $85,000 Cash invested: $60,000 Sale price: $715,000We bought 2 unit lots for 85,000 using 60 K cash on hand and 25 K...
Hey everybody, I have found a great deal in my hometown of Columbia SC. It's a duplex that's listed for 50k. The sellers are motivated to sell. The property already has two tenants which yeilds $1170 per month. So the...
I’ve been doing a lot of research into financing methods as I’m about to finally start working towards my first deal. Purchase financing aside, I’ve seen a lot of differing information on using credit cards (personal...