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All Forum Posts by: Cheryl Hixenbaugh

Cheryl Hixenbaugh has started 2 posts and replied 3 times.

Marketing Your Property

Post: Questions about loaning money

Cheryl HixenbaughPosted
  • Golden, CO
  • Posts 4
  • Votes 1

I have been approached to loan money for a fix and flip that they need money to finish so as to beat the winter months.

I have some questions about loaning the money. I have flipped myself but have always used my own money. Here are my questions, any any help would be appreciated:

They want to offer an "annual Interest rate" on the money. Anyone know how to calculate what I would be making and what a fair interest rate would be?

What kind of contract do you use? Do you quick claim deed to the house to verify your investment is secure by the property?

Any other advice?

Thanks Cheryl

0 Votes
Local Real Estate Networking

Post: Denver County Auction

Cheryl HixenbaughPosted
  • Golden, CO
  • Posts 4
  • Votes 1

Anyone have some info or resources you can share regarding attending an auction, how to obtain the info on when the homes will go to auction, etc. I'd appreciate it.

Cheryl

0 Votes
Starting Out

Post: NEW INVESTORS: CHALLENGE OF THE WEEK!

Cheryl HixenbaughPosted
  • Golden, CO
  • Posts 4
  • Votes 1

working on an offer as we speak, will let you know

1 Vote