Walt Mossberg
Will the bank lend me money for an investment property?
Hi. Noob warning. I am looking into a possible investment in Florida. An 8 unit multi-family. Since this would be my first ever dip into this world, I was wondering about my ability to get a loan. I admit to say - I a...
Ron Drake
Home Equity Line Of Credit (HELOC) 90% CLTV
Just did some research today on this since I have a lot of equity in my home, and thought I would share what I found. Searched local credit unions and big banks so your results may vary.U.S. Bank is the winner so farU...
Gp G.
BRRRR struck at refinance as debt to income ratio high and credit
BRRRR struck at refinance as debt to income ratio high and credit low. How other investors are solving this problem as after purchasing few properties. None of the banks or lenders i spoke is of any use up to this poi...
Kerry Baird
Steps to Obtain Business Credit Cards that do not report to personal
I am setting up a new holding company which will manage two established LLCs. Here are the steps I am taking to get business credit.Create LLC, file with Secretary of State. Get EIN number from IRS. Go to SIC codes...
Tyler Dalton
BRRRR Baltimore City - no seasoning refinance
Hey everyone- I am closing on a property next week and will be purchasing the property/ making renovations using hard money. I've talked to a number of banks that require either 6 months or 12 months of seasoning. Are...
Bradley Sriro
Going after off market REO's
I was wondering if anyone has had any luck going after off market REO's that have not been listed with a realtor/broker yet? In my area, there are quite a few REO's that need major repairs that have been vacant and ba...
Dylan Collier
Advice? Canadian looking to REFI. Or secure financing.
Good Afternoon,I was just wondering if any Canadians/ Australians had any luck in the past in Refinancing a property in America. I currently have a rental property that is Cash flowing nicely in Northern Florida that...
Kurt Gardner
Do applicants/tenants know your home address/cell number?
My wife has expressed concern about allowing people who are applying for our properties to know our home address (to send applications when they need to be mailed). Even tenants who pay for rent know our address so t...
Scott W.
the danger of a 401k loan
I'm sure it's been discussed before but I'd like to tell something I see (correct if I'm wrong):a 401k loan should be among the last resorts for borrowing. reason being is you pay it back AFTER taxes. if you live in ...
Nikhil Pajankar
What tools do you use to manage multiple properties?
Hey!New to biggerpockets and looking into purchasing my first rental investment property. Curious what tools people use to manage multiple properties. Specifically:- Do you have a separate checking account for your in...