If you have a mortgage balance of 50k on that house, your equity is reduced to 50% (50k)So when you hear someone say "I can get a home equity loan for 80% LTV (loan to value) that means a bank is willing to let them borrow, in total, up to 80% of the value of the house.

I would get 3% down, as most borrowers of FHA have 3.5% down now.  

Perhaps there are stupid and foolish investors out there, but FYI Mr Seller, there is this thing called due diligence and I am not going to skip it so nice try, see you in court.Does anybody have a 10 ft piece of rope I can borrow?

Then, when there was a good available balance, my wife and I would borrow it again and go buy another property (SFRs after that first triplex).

Do you have a problem funding a hard money loan if the borrower owns the escrow company that is handling the closing?  

Been kinda cruising the internet for someone I can rep for and haven't found anybody that's been very responsive, which actually surprises me some.Just looking to get paid on closed loans if I connect borrower and lender (and screen the deal, of course), anybody know of anybody out there (that I could feel good representing) that'd do that sort of thing?

. -- Add your loans balances as of 12-31-2013--Any money your borrowed or you invested 

Do we assume that the treatment by the borrower mirrors that of the lendor?

Subtract the borrowed money($28780) and payments ($310 x 3 months) = $23,376 as total profit. 

If it is a good deal borrow the down payment from family members or friends.Joe Gore