You need to make some calls to find out if they will do those at all on an investment properties.If you use that money for a down payment on a new property, be aware that the lender will ask you if any part of your down payment is borrowed.

If you give me your money to put to work, I will charge a fee to do so which may make the loan cost more to the borrower.

Or the borrower hired a lawyer and got the lender to back off.

The idea that a balance write off from a creditor may become a taxable event according to the IRS for the borrower is not new.

Some lenders will offer a "construction to permanent" (or "construction perm") loan which, from a borrower perspective, is one loan transaction.

When applying to add the new purchases to my spreader loan (promised that I could during the original courtship by the lender) they broke it to me that average seasoning for "commercial cash-out/refinance deals" was a minimum of 24 months before appraised value can be borrowed against.

Does Anyone else know of Funders who loan on 100's of Thousands & even Million Dollar Projects without even speaking to the Borrowers First?

A few weeks ago, I learned of borrowing money online from websites such as lending tree and acquiring sub 30K properties using this cool form of financing.This site is an incredible tool to be used for in learning, networking, doing deals, finding partners, and so much more.

.- I will be borrowing for 90% of the cost and my monthly cost on that would be approx. $1,100.- I will put away 10% for vacancy and 5% for maintenance per month also.Let me know your thoughts on the numbers and what else I can give here to help people review this.Property 2:- 2 - 4 unit buildings (8 total)- asking price $300,000- rents are $530 and it is also 100% occupied.

As luck may have it, we have a couple of local REI meetings this week and I'll make it a point to attend them.My strategy is to pick up houses at below market value (REO, HUD, Foreclosure) using borrowed money (hard money or private money lenders).