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14 October 2024 | 24 replies
You can't invest in real estate directly or private lend with a stock brokerage.
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9 October 2024 | 0 replies
Are buyers leaning toward creative financing, or are there other trends you’ve noticed shaping the market?
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11 October 2024 | 13 replies
That being said, Zillow is also the primary site in my market for rental searches, especially SFRs, so I have no shortage of tenants seeing my listing when it is available.The one downside, which is minimal, is even though the tenant pays rent through Zillow on first, and I get a notice that rent was paid, it can take 5-ish days to arrive in my bank account.
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10 October 2024 | 11 replies
Steve: If you are going to bid on an Ohio Common Pleas Court foreclosure, the process is pretty safe because the foreclosing lender has to include a "PJR" which is actually a "Preliminary Judicial Report" which is a title report and include a commitment for title insurance should the bidder be successful and the property to be conveyed.This differs from a liquidation auction by a lender, private auctioneer, receiver (other than an actual foreclosure case) where you might be successful but the property has pre existing liens that don't get swept away by the foreclosure case.For your first one of these, get a lawyer to advise you.
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9 October 2024 | 2 replies
Hi Julio,Depending on how many properties you own/Value of said properties and your loan balance.There are some private lenders willing to blanket 2nd position loans if the LTV they are at feels safe.
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9 October 2024 | 1 reply
To be a reliable and successful Private Money Lender, focus on building strong relationships with borrowers and real estate professionals, thoroughly assess each investment opportunity by conducting due diligence on the property and the borrower's financial background, and establish clear lending criteria to mitigate risk.
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9 October 2024 | 3 replies
Private investment in these projects seems like a challenge as I can't see how they'd get paid back on their principal.
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11 October 2024 | 56 replies
Rents After Moving Out: $3,300I was able to secure a private loan for part of my down payment, as well as have my parents co-sign on the loan (I am extremely fortunate and grateful).
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9 October 2024 | 1 reply
I've been in the hard/private money space working as an originator for coming up on 6 years now.
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9 October 2024 | 3 replies
Under SB 567, the notice to terminate tenancy must include a description of the work to be completed, copies of required permits, the date the owner expects to complete the work or demolish the building, and notification that if the substantial remodel or demolition is not commenced or completed, the tenant must be offered the opportunity to re-rent the unit at the same rent and lease terms as when the tenant left.