Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

25
Posts
11
Votes
Charles Stubblefield
  • Contractor
  • Talbott, TN
11
Votes |
25
Posts

Looking for a private lender

Charles Stubblefield
  • Contractor
  • Talbott, TN
Posted

I have a unique situation. My mother passed away in may and my sister and I will be beneficiary of her house. But we have to put it in probate before we can put the house in our name. She didn't have anything else other than the house and a car and both are completely payed for. As far as we know she didn't owe anything but i dont want some creditor to come out of the wood work claiming some debt and not have the money to pay it. So im looking for a private lender that would give us a line of credit that may not be needed. I just want to be prepared just in case. I dont want us to lose our family home due to not have the money to pay the creditor. Once it goes through probate i plan on getting a mortgage to pay what ever if anything to the private lender and then rehab and rent the house out.

Please if anyone knows of anything that would help us with this please let me know.

Thank you

Charles

Loading replies...