Dan Nitwah
HML with LOC for downpayment
9 February 2017 | 4 replies
Maybe you can borrow against for down payment and pay back after closing with unsecured line or when property sells?
Syed Firoz
Should i evict Tenant?
11 December 2018 | 8 replies
Unfortunately most tenants assume their landlord is a lending institution and do not hesitate to borrow their landlords rent money.
Brad Ernst
Few FHA loan questions
8 February 2017 | 1 reply
According to HUD 4155.1, Chapter 2 Section B, A non-occupying borrower transaction involves two or more borrowers where one or more of the borrower(s) will not occupy the property as his/her primary residence.
Peyton Bailey
Multiple Lenders to Fund a Deal
9 February 2017 | 3 replies
Aaaaaaaaaand they would shoot you down, as unsecured borrowed funds cannot be down payment or cash to close.
Ben Pohle
Banks/Credit Unions that waive PMI?
20 July 2018 | 2 replies
IMO borrower paid monthly PMI (the "standard" or "normal") almost always makes the most sense.
Steve S.
Need a creative way to add funds to a downpayment
20 February 2017 | 6 replies
Can you borrow on your retirement?
Kristopher Smith
Using 401k to invest in real estate.
9 February 2017 | 5 replies
We are not interested in borrowing against it.
Damon Oubre
Need help, first commercial deal
10 February 2017 | 4 replies
Lastly, for a Letter of Intent from a lender, there are two pieces to the equation; the strength of the borrower and the strength of the commercial property.
Rob Hakes
New Investor / Private Lender
13 February 2017 | 4 replies
Common pitfalls are poor underwriting, poor risk assessment, being over zealous, sacrificing prudent lending practice to gain an edge on competitors, no take-out for you loans, lack of available capital, over-promising borrowers and not delivering, improper loan documents or the absence of material docs.
Harold Mateo
Have any of you used Groundfloor.us before?
10 February 2017 | 2 replies
I was wondering if anyone has borrowed from them.