All Forum Posts by: Hassan Hamdifi

Thank you for your response. I am actually more interested in flipping and selling since I have good experience remodeling homes and there is a good market for ready to move in houses in my area. I think my best bet is home equity line of credit because I am trying to avoid  hard lenders to be on the safe side and minimize the pressure to sell fast and loose money just because I have to repay at a certain time. 

Thank you so much for your advise and wish me good luck.

Hi Everyone,

 I just got my first house under contract. That was a cash buy and invested all the cash in it. It is a good fixer upper and will need some work which I can do since i have already remodeled the first two houses we lived in. My question is: Can I borrow money using the deed as collateral since my credit is not too good? I really do not know what my next step will be.

 Thank you