All Forum Posts by: Alex Ell

@Russell Holmes Thanks for the response. Too bad that didn't work out. Best wishes on your endeavors. 

Hi Russell. I just saw your question from last year. By chance did you find a lender willing to help you open a business line of credit for your purposes? I'm exploring a similar scenario.  

@Jonna Weber Can you please keep me in the loop as well? Thanks! Alex

Thank you @David Beard

To local investors/rehabbers in Oakland: Can you please recommend an investor-friendly selling real estate agent?

@David Beard Thank you so much for your Wells Fargo advice. I actually have a small business account with WF. What is best to bring to a meeting for a HELOC? And I'm assuming my local WF bank would talk to me in Idaho? Thanks in advance.

@Will Barnard @Chris Music Thanks to both of you for recommending the HELOC option. I've never taken one out before. Do I need to contact an institution in the same area as the homes? I live out of state.

@Chris Music Thank you for your tip! Much appreciated.

I own 2 properties in Oakland and both mortgages are paid off. I'm looking to rehab both homes (need extensive work, no quote yet) to increase their ARV and sell. As an owner of an LLC, would it be in my best interest to seek a hard money loan, traditional financing from bank, small business credit card, online (lendingclub.com or prosper.com)? I would appreciate any feedback or other ideas. Thanks!