I have an oppurtunity to be a hard money lender tgo an experinced REIHe will pay me 14% on my money and i will have to borrow it off my equity and pay 6%.

I have a borrower looking for financing for a second - loan amount 128K.FULL DOCMID-FICO 6804 UNIT - PRIMARYOWNER OCCUPED665K WITH 6% CONCESSIONFTHBIs this possible with anyone??????????????????

I'm a newbie to investing, and I'd like to hear the pluses and negitives of having a co-borrower.

The trust deed system works by the lender agreeing to not take the borrower to court when the loan was put in place.

Say you borrowed 1,000,000 for the purchase.

I've borrowed several hundred thousand dollars for my business and no one would give a loan to a Corp. without a personal guarantee.

Hi,I need to borrow $25K for a deal I am working.

Borrowing more than you need will almost guarantee that you will have negative cash flow on this deal (although it was probably negative anyway).

Hence CO might not be as different in that speciifc respect.There are many states that want to protect a borrower who is losing their home.

If you are borrowing from home equity for the down patment you are still doing $0 down, you are just moving the expense off of the property and onto your home.