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3 February 2025 | 0 replies
Partner Driven provided 100% of the funding, covering the $160,000 purchase price.
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22 January 2025 | 14 replies
Have you considered moving those funds into a self-directed IRA (SDIRA)?
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20 January 2025 | 62 replies
We have funded over 4000 loans nationwide.
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8 February 2025 | 1 reply
Other lenders as a new relationship may not care as much because they were not the ones that originally funded your loan and would not yet deem you as a risk.
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8 February 2025 | 3 replies
Following this discovery, he promptly contacted his attorney to dissolve the LLC.Additional Questionable Entities:Dogwood Capital InvestmentsM&M Capital Finance LLCKey Takeaways:Conduct Thorough Research: Always verify a company's registration with state and local authorities.Scrutinize Documentation: Examine identification and corporate documents closely for inconsistencies.Verify Contact Information: Ensure that all provided phone numbers and addresses are legitimate and connected to the entity.Be Cautious with Payment: Avoid wiring funds without extensive verification of the recipient's identity and legitimacy.While the majority of direct and private lenders operate ethically, even a single fraudulent interaction can damage your reputation and finances.
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12 January 2025 | 2 replies
Focus on what matters, not on things that have nothing to do with what drives the desired results.
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6 February 2025 | 9 replies
Let's say the AC or Heat goes out in 60 days, do you have funds to cover that?
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16 January 2025 | 12 replies
We'll only do it if we can access the funds immediately.
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22 January 2025 | 5 replies
If so you need to fall into the guidelines (for the investor whos funding it) regarding non arms length transactions.The most common scenarios they typically prohibit are:- Gifts of Equity- Bailouts- Leaseback OptionsAt the end of the day it needs to be a legitimate transaction, with legitimate funds coming into close.
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21 January 2025 | 2 replies
I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.