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27 January 2016 | 26 replies
I locked a property up under contract through a realtor, opened escrow with earnest money, but then I was unable to find a hard money lender to lend on my deal (even after extending the close date twice with an additional $1k each extension).
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25 January 2016 | 0 replies
Some very basic principles are as follows: 3-month LIBOR rate measures the rate at which banks will lend each other money.
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12 June 2016 | 4 replies
Does lending money at 0% become an IRS issue?
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11 February 2016 | 11 replies
If they are separate LLC,s of course one can lend,buy,or sell to another.
26 January 2016 | 3 replies
If yes,there is a better way to handle this mess.Have them refinance the house for the most the bank will lend them and rent the house to you and whatever roommates you can scrounge up.That way you still have a place to live,they have enough money leftover from paying off the current mortgage to move to Timbuktu and the roommates can pay most of the new mortgage payments every month.
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28 January 2016 | 18 replies
You can look at hard money if you have a good enough deal - some I know will lend up to 75% of project cost on distressed property.
27 January 2016 | 10 replies
If that isn’t feasible, I would look for a property manager that has the Certified Property Manager (CPM) designation from the Institute of Real Estate Management (IREM).
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27 January 2016 | 3 replies
If that is the case most local lending institutions will loan you up to 60% of the value of the property without too much hassle.
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8 March 2016 | 6 replies
If anyone can suggest or connect me with private money lenders in British Columbia Canada or folks ok to lend here that would be great.
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1 February 2016 | 14 replies
Also, there are more experienced financiers on BP than I am (for example, @Jerry Padilla), but I know you can get 10 conventional mortgages in your name and your husband can have 10 in his name (so you've got a long way to go before you have to find alternative lending sources).