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Results (10,000+)
Samira Davis How to obtain financing to convert a church to a house?
22 June 2024 | 4 replies
Private money lenders, search on Facebook groups and meetups and they can fund it but interest would be around 12 percent though and they may look for collateral
Olga Yazovskaya Financing renovations for a condemned 6 unit property
20 June 2024 | 9 replies
Given that purchase price is low it is hard to use the property as collateral.
Percy Matsunaga Ignite funding
21 June 2024 | 23 replies
I supposed if the structure is valid, it comes down to being comfortable with the borrowers, the projects, and assets that are being used as collateral
Brian Bradley Asset Protection for Real Estate Investors
23 June 2024 | 105 replies
As I'm sure you know, this means the mortgage holder can call a note due and payable in full within a very short period of time upon learning that you've transferred the title to the property (their collateral on a loan) out of your personal name an into something else.
Abdurrashid Abdussalam HELP!!! - I found 2 off-market apartment complex deals
19 June 2024 | 6 replies
The seller would have to carry a very large second mortgage and this point will stop many deals in its tracks... but it's not impossible and it would definitely work if you can get the seller to agree to carry a large second.The other high LTV scenario would also involve a hard money lender and instead of cash we can cross collateralize with other real estate you own assuming there is sufficient equity in said holdings.The challenge in this scenario would be the cost of the hard money... it may be workable on the 140 units, assuming you are getting a good enough deal on place.
Eddie Fernandez My first purchase on Paperstac
18 June 2024 | 17 replies
DD is the same, go through the collateral file thoroughly and make sure everything is in order.  
Cole Payton DSCR or HELOC?
19 June 2024 | 18 replies
A simple explanation is DSCR is to finance the property based on the income or projected income of the property and a HELOC is like a credit card that will be given to you base of the equity of the house you are putting as collateral. 2 diffrent products consulting with a good mortgage broker that will provide you the information depending on your needs.
Keegan Schaub Need help! Need hard money loan for business + RE deal cash cow assisted living home!
17 June 2024 | 11 replies
I might have a PML but they would want collateral.
Alan Asriants Thinking of Selling? - AVOID SUBJECT TO
18 June 2024 | 5 replies
The Buyer has no skin in the gameIf someone is approaching you to buy your house without a mortgage or conventional financing and are tying you into a long-term contract they better have some sort of collateral that they're putting up.
Ryan Snelson Is SCOTT CARSON (WeCloseNotes/Inverse Asset) DEFRAUDING Investors
20 June 2024 | 37 replies
We will also be providing collateral files for you to review.”Unfortunately, after wiring the money to Scott in October 2017, the promised monthly updates never came.