Quick Question To The Pros...
im getting started now...have a property with about 25 plus thousand in equity...wanna rent to own to bring in income from 3 possible different avenues (monthly, buy option down, and equity at final sale)...however i wanna buy a few more properties...i dont really have any cash since i am still in grad school....should i get a t/b then get a line of equity against that particular house? or are there other ways? like unsecured lines of credit? can you get unsecured lines of credit for real estate? its hard to use hard money lenders in my area bc banks are unwilling to go low enough to qualify for hard money lending....if there are such lines of credit what is a good company to use....thanks for all you guys time...ive learned so much from this site its unreal...
eric simons
Thanks. I now have the deed i hand and will go to record it in the morning. Your advice on getting the broker to show me the approval is most appreciated. I will email him right now with that request. Thanks again.
Dave
[addsig]