Dave S.
Obtain unsecured Line of Credit for Buy and Hold / Flips
Has anyone approached a bank / financial institution to propose opening an UNSECURED line of credit solely for use to buy, rehab and either hold or flip? If so how did the presentation go, what was covered, what were ...
Dave Hurt
Refi Predicament HELP!
Hello everyone,I am dealing with quite a frustrating situation right now that I was hoping to get some insight on. I am trying to do a cash out refi on a rental I purchased all cash, was told I was clear to close, an...
Mil Sanghvi
Tenant Can't Pay Onliine, I Don't Pick Up Checks. Help!!!
Is there a way for the tenants to pay rent at a store? A couple of my tenants don't have computers and can't pay online. I will not go to the property and physically collect rent and really don't prefer mailed checks ...
Mckinley Baggett
Cash out refinance options
I am currently rehabbing an REO property that I paid cash for. Once it is finished, I am going to keep it as a rental property. Obviously I want to get my money back out of the property so that I can invest it in more...
Reggie Draper
Needing my first line of credit..
Hello All,
I am new to the forum and I am new to the real estate investment business. I have made a few contacts and I have talked to many people about my interest. It seems that the first thing I need to do is get...
Paul Mendel
declaratory judgment action seeking distribution of surplus funds
Hello All,I run a condo association in Pinellas county, FL, and we had a unit sell at tax auction last year, there was significant surplus funds from the auction (about 8k, the HOA was owed over that and the tax lien ...
Brendan Murphy
I want to BRRRR, but I'm stuck on step 1. Insights?
I'm just getting started into real estate and I want to BRRRR a multifamily property. I have a foundational understanding of how it all works, but I have a hang-up on the first step: Buying. I live in Boston, so bei...
Luke Slapa
Banks won't approve me for a Cashout REFI!!!
I recently purchased a rental property for cash with a short term unsecured loan because it was such a good deal(numbers below). I figured since I owned 100% equity in the house and I am only seeking 65% LTV I would h...
Account Closed
Best Rental Property Markets in Baltimore Area
Hello BP Colleagues, I am a newbie to the real estate investing business. My goal is to obtain a single family home or duplex in the next 6 months. I am currently researching markets in Baltimore City/County. Where ar...
Ginger Mermer
Multiple properties- how to afford
Hello everyone,
I’m very new and trying to learn as much as I can. Please go easy on any dumb questions I may ask.
I am closing on a property in a couple weeks that will net me about $12k once it is rehabbed and so...