![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/65325/small_1621413646-avatar-jack_k.jpg?twic=v1/output=image&v=2)
I'm considering a strategy that would utilize a line of credit (say $75k) to purchase properties in the $30k-$75k range. Once purchased, I would utilize the LOC to update the property and then advertise for rental. ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/301358/small_1694788959-avatar-ashlyb.jpg?twic=v1/output=image&v=2)
I know this is a real estate investing forum but I didn't have any other relevant forums I'm a part of to ask and you're a smart bunch so here goes. Summary is DH manages 6 franchise locations of a business for a coup...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2233/small_1621346004-avatar-matthewgil.jpg?twic=v1/output=image&v=2)
I can't be the only one that thinks that this Economic Stimulus Plan is not a good idea.
The US Treasury is going to go into more debt, so that people can buy more crap at Wal-Mart?
Here is my plan and it is a simpl...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/112246/small_1621417512-avatar-cmotanya.jpg?twic=v1/output=image&v=2)
Hello, I've compiled 30 numbers for mortgage lenders in my area in an attempt to get pre approval for financing. Wanted to ask the forum what I should bring up in my conversation to help my chances?
I just graduated ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/338887/small_1621445239-avatar-hightower.jpg?twic=v1/output=image&v=2)
I’m wondering if anyone has used any creative techniques with regards to buying a home worth less than the mortgage owed. The one in particular that I like is on its way to auction but I would love to try to work som...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/449493/small_1621477159-avatar-williame14.jpg?twic=v1/output=image&v=2)
I'm looking for advice or at least encouragement. Here is the deal.Back in March 2008, I was very eager to purchase a home. I went ahead with a deal to buy a house at a premium price with the intention that later on d...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/422445/small_1621451034-avatar-aliciak3.jpg?twic=v1/output=image&v=2)
This would be my first investment property. I was able to locate a 3 bedroom 2.5 bath townhome for sale via owner finance. Price 155kDown payment 10k plus 2k closingRate 8% Balance due in 5 years as a balloonPayment i...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/342749/small_1621445469-avatar-jorgeruiz.jpg?twic=v1/output=image&v=2)
Ok BP here I go again...So for now my plan is to pull of the BRRRR method using conventional loans. For now I need to use not only my income but my wife's in order to qualify for a loan. My wife has been hinting at wo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1380479/small_1694632653-avatar-cheppner.jpg?twic=v1/output=image&v=2)
Hey there,
First off, I want to thank you for taking the time to read this post.
Second, I want to provide some context of what I'm trying to achieve and hopefully that'll help articulate the advice a little better....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1134352/small_1624922336-avatar-scottg166.jpg?twic=v1/output=image&v=2)
I have used the same bank to purchase 3 SFR and 2 duplexes which are cash flowing very nicely.
I came across a deal on a 6 apartment property which originally was $349,000, reduce to $299,000, and the owner agreed to...