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Unsecured Lines of Credit for Real Estate: Explained
Categories: Blog Posts
Don’t be afraid. Unsecured lines of credit can be a valuable tool for real estate investors. 0% credit cards scare some people off. When used correctly for a business, however, there’s nothing to be nervous about. Unsecured lines of credit can be a great tool to lower your cost and open up other forms of […]
Credit Myth-Busting: Credit Card Usage Percentage
Categories: Blog Posts
Your credit card usage percentage is NOT the amount of debt you owe. Usage is a percentage based on the amount of credit you have used compared to the amount available. It is not based on the amount of debt you owe. Two people with the same job, age, gender, etc., can have the same […]
What Is Credit Usage? (And Why It Matters)
Categories: Blog Posts
Your credit score is key to gaining leverage. But usage is key to your score. So what is credit usage? In simple terms, usage is the amount you have outstanding on your credit cards (and loans) compared to the maximum credit limit the banks have granted you. Still confusing? Let’s break down exactly how credit […]
4 Money Buckets to Fund Your Real Estate Investments
Categories: Blog Posts
Need funding for your investments? Here are 4 money buckets to use. There are 4 buckets of money you can dip into for your “capital stack”: Secured lines of credit Secured gap funding Unsecured lines of credit OPM In this post, we’ll give an overview of each type. Word of Warning Using Credit Money Buckets […]
Can You Lose Money Investing in Real Estate?
Categories: Blog Posts
The numbers game is surprisingly simple… But can you still lose money investing in real estate? To make a 15% profit on a real estate investment, all you have to do is keep all of a fix-and-flip’s expenses under 85% of the ARV. But if the numbers are so simple… How can so many people […]