Crystal Sherman
Using a credit card for investing
Has anyone used a cash advance on a credit card to finance a property? We have some high limits on a couple of credit cards with the interest rate being either 0% or 4%. My husband is military and the rates won’t chan...
Rodney Sums
Questions about a master lease opportunity
I posted this in another category, thought it may be better suited here:A good friend of mine owns a condo free and clear. They are unfortunately way behind on HOA dues which resulted in a lien. They are also behind o...
Steven W.
HELOC issues (home paid off, too many rental properties )
So interesting story and something I never thought would happen but I can’t see to get a HELOC now even though I have zero personal debt and W2 income. As a business strategy in previous years or the low interest glor...
Sam Young
Mortgage applications: Is there a legal requiremen to disclose all sources of income?
When applying for a mortgage is there a LEGAL obligation to disclose all income or can you disclose the income sources that will qualify you for the loan? For example, can I just disclose my employment income and not ...
Bryan Hancock
Using Preferred Equity To Bypass UDFI
Is anyone familiar with using preferred equity in a new legal entity as "debt" to avoid UDFI when utilizing SDIRA money to capitalize real estate deals? I would be interested in reviewing literature or case law about...
Brittany Fife
What to do after first rental purchase?
I just purchased my first duplex a few months ago. I also have a single family I am renting out. The single family has an equity line on it. The duplex is FHA owner occupied. I was wondering how to get a four-plex...
Darcy Dawe
First Rental Property / growing portfolio
Hi all, I am currently in the process of closing on my first rental property. What are some things I should consider with this deal that will help me scale my portfolio in the next few years? Is there anything I shoul...
Sonja Revells
Dun & Bradstreet #
Working on establishing business credit and about to register for a DUNS #...... does anyone know if having real estate investing in our LLC Name.... would be considered more risky to DUNS ...and applying for busines...
Lorraine Pennington
Leverage Primary Home & Loan Against Personal Business?
Hi All, I am close friends with a couple and I would love to see them create an asset by holding on to their primary home. I've brainstormed ideas with her about various financing options ... but I'm afraid I simply d...
Aaron Pike
How much in the bank before first purchase?
I just joined BP today and very excited to interact with the community here. I am sure this question has been posed before (I searched recent forum posts but didn't see exactly what I was looking for). How much did yo...