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23 June 2020 | 3 replies
Other options include borrowing from your retirement plan if that's an option (it might not be wise but it is an option)
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6 June 2020 | 7 replies
I remember back in 2007 when real estate was booming -- but borrowers were getting no-doc loans and people without income or assets were leveraged up to their necks.A couple years later, everyone was saying, "I'm not sure how it wasn't obvious to everyone that the market was broken and it all had to come crumbling down?"
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4 June 2020 | 2 replies
For example, I know that you can borrow against your 401k for a penalty, and I'm wondering if there are any similar fees/penalties for setting this up?
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7 June 2020 | 11 replies
You may also be able to borrow money from your 401K.
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3 June 2020 | 3 replies
So I would be borrowing $80K.
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4 June 2020 | 1 reply
At this point, an entity I created purchased the non-performing note from a private lender who originated the note.Because the borrower wasn't required to make monthly payments, we had to wait until the note maturity date to start the foreclosure process.
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11 June 2020 | 7 replies
The other thing you could do to make your own money go further, is to couple it with a private money loan on a purchase, but with you as the borrower of the loan.
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21 October 2020 | 2 replies
Any advice on how to get leads to borrowers??
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4 June 2020 | 3 replies
Lets say you borrow hard money at 5pts and 12%. 5 points just means you get charged 5% of the loan amount as a one time loan origination fee!
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4 June 2020 | 3 replies
Can you borrow against your brokerage account?