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1 June 2016 | 3 replies
@Lonnie Waliczek HML exist because of what you just found out.. its far and few between that you can find a bank that will do flip funding.you must be exceedingly strong financially I mean to the point the bank feels that if you goof up the flip you have other means to pay them back and that their security is not just in the asset like most loans.I have had 7 figure flip funding lines for going on 20 years now it took me 10 years with the same banker to get to that point.. we started with 100k and ended up at 15 million at one time.. but it was over the course of Many Many years.. and super strong financials and income.We started with HML and private money.. although to be fair I owned the Hard money company LOL.
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17 June 2016 | 13 replies
If property in a trust, you will need to determine who is in charge of the trust.Since the trust agreement is not recorded and typically remains private, you do not know who the settlor named as successor trustee.
31 May 2016 | 5 replies
Is there a way to verify private (i.e. a person) lenders?
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28 September 2016 | 24 replies
If you lend your money out to as private lender or even on Realtyshare.com; RealtyMogul.com you see that the return can be as high as 13% or as low as 9%.Am I thinking straight?
1 June 2016 | 3 replies
Hi everyone!I'm new to the RE world and just became a RE Agent as well. I want to start fixing and flipping with a family/friend who will be the financial backer. What is the best way to structure a deal with them i...
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31 May 2016 | 9 replies
Should I do hard money or private investor?
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29 May 2016 | 3 replies
Hello all,First time caller long time listener. Just got a home under contract in Baltimore County and first time using a HML. I've done some shopping around and am currently working with a lender with terms of 4 pts...
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29 May 2016 | 3 replies
Or ask other investors about partnering or private loan.
6 June 2016 | 5 replies
I'll private message you with some info...
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31 May 2016 | 12 replies
Also explore private money (friends and family loans) and credit union financing.