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Thank you ahead of time for reading as I am excited, but at the same time feel I need to have a solid plan and everything organized ahead of time.As someone who is newer to real estate, but with high goals and expecta...
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I was wondering how many of you use a credit line to buy properties. I have been thinking about looking into obtaining one, but I don't know the details. What are the benefits/drawbacks? Muchas Gracias
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I have currently been using hard money lenders for most of my deals, but am looking for a cheaper source of funds. I operate in the Houston area (with properties in Katy and Richmond) and in the San Antonio area. Th...
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Can anyone help analyze this refi scenario?
I am looking at refinancing 2 SFH properties which currently have 15 year amort, 5 year balloon, 6.625% interest, with just over 2 years left on the balloons. I have 10 ...
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Hello,I bought my first rental property 3 years ago, which was an old (1886) single family home in the city. About a year after buying it, my tenants started complaining about smelling sewer gases. After doing a cam...
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This strategy I'm sure has been discussed in some form or another.I just lost another bid (probably my 13th in over a year, none of the properties I placed a bid was in market for more than 2 weeks) to an all cash bu...
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I have a business line of credit of approx. 80K. Unfortunately, This is not enough capital for me to secure a property for a fix and flip in the area I am in because prices are well about this. In other words, even i...
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If you would buy a property to flip and fix which would you use? Hard money or Business Line of Credit?I ask this question since I and my father are looking to find a property to fix and flip. My father owns a Nail Su...
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Hey BP. I’m in the Northern New Jersey area trying to find the best ways to fund deals through either personal or business lines of credit. Has anyone had luck finding a company or institution that provides these fund...
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Starting a small business and the bank is willing to loan up to a $50,000 dollar line of credit with possibly a $50,000 dollar credit card. Interest rate on the line of credit is 1% plus prime and 5% plus prime for th...