Amul Sutaria
How to leverage properties owned free and clear
hi BP!Long story short, I was about to close on 2 properties and I lost my job. My lenders pulled out day before i was to close, and I was left to lose the deals or buy cash. I opted for buying cash and now I own tw...
Nicholas Hubbard
$500K Acquisition Line of Credit Needed
Does anybody know of any lenders that are doing lines of credit. Borrower is looking to obtain line of credit to purchase more multi family properties for portfolio. Yrs of experience. Portfolio is currently valued at...
Jessica Denver
Started a trade line any advice?
Hey, recently started a trade line with ShopSimplio and just wanted to see if anyone else knew about this company. I was approved for a pretty high credit line of 10,000 and already purchased my first product. I was r...
Bryan Doan
Refi or Not Refi -- Keep line of credit or refi?
OK... I'm still undecided on what to do -- whether I should refi or keep my line of credit....
So I have a line of credit on my primary residence. I got it last year on a promo offered at BOA. During the last few ...
Alan Asriants
The realities of real estate investing - even if you own turnkey properties
This post is going to highlight the events that took place over the course of a month for one of my rental properties. Keep in mind this property is relatively turnkey with most capital improvements completed within t...
Carlos Webel
Stocks Backed Line of Credit in Texas
Hi,I'm currently working with a local bank to get a line of credit using my stocks as collateral. This particular line of credit doesn't require the stocks certificate to be transferred to the lender. They agreed to l...
Judd Campbell
Tenant keeps putting cooking grease down the drain
I have a 4-unit building built in the late 70's. All the units have hispanic families in them. over the last year I have had to have a plumber unclog the kitchen sink for 3 of the families. One guy texted me just l...
Dhanush Kondoth
How to avoid the wannabe lenders?
Hello Fellow BP-ians,As part of the flourishing REI business, I have noticed that there are tonnes of new "XYZ financial services" and XYX Capital lending" groups propping up all over the country. Every one of them I ...
Nathaniel Birdsong
Direct Lending Partner (any reviews?)
Has anyone dealt with Direct Lending Partner? Talked to them today about their program. They offer lines of credit so you can move quickly and have a less detailed process to get funds each deal. They do have some set...
Brian Larson
Note Analysis File
I have uploaded a file that you might find useful. This is similar to my BRRR Calculator but trimmed down due to notes being a little more straight forward (at least from a variable/output perspective). I have certain...