
10 October 2007 | 5 replies
Many hard money lenders are just private individuals.

11 October 2007 | 8 replies
Trying to acquire a house for rental purposes, long term strategy is to rapidly build a rental porfolioPurhcase Price is about $55,000 two financing options available:1. 90% loan which will be at %7.25 interest and tie up $5500 down payment..will also cost and additional $468 in private mortgage insurance(PMI).2. 80% loan, @ %7 interest, will tie up $11,000 down payment, but will save the PMI ($468 a year) and a %0.25 in interest and ofcourse financing less which will lead lesser payments and lower interest paid.. the total savings of interest saved, PMI, and cost of barrowed less funds will come out to about $90 a month which is about $1080 a year savings over finance plan #1..which way is better to go?

11 October 2007 | 5 replies
You find a private investor willing to put down the $50,000 grand needed.

16 October 2007 | 5 replies
Lo and behold it went to auction with a private firm repping the bank.

7 November 2007 | 3 replies
I am not sure my private lenders are going to step up to the plate.

23 January 2008 | 5 replies
What is the opinion of leasing hunting land on a private farm or private owned tract.

23 October 2007 | 11 replies
If you don't mind, send me a message (I assume there's a private message on this website somewhere) and tell me how you go about all of this.Best advice ever!!!

30 December 2007 | 3 replies
The main problem that all of these Manhattan style high rise condos have is that the developers appear to be under funded and unestimated the pent up demand from one to two years ago.They marketed their condos at say $500 per sf only to find out that in reality their actual costs to build were in the $800 to $900 per sf range.So they back out of most of the projects.

20 December 2007 | 2 replies
Is there a lender (convential/hard money/private) who will loan up to 100% of purchase price in return for a share in the profits.

20 December 2007 | 20 replies
To date I have written 3 private loans at good LTVs and am very pleased with the results.