Kris McGinty
Looking for financial ideas for first flip in Pennsylvania
12 April 2016 | 6 replies
I borrowed some from my 401k and then got an additional $30k with the 203k loan.
Stewart Thompson
Buying my first note
30 December 2015 | 5 replies
Borrower did not keep up and filed BK13 in April.
Khurram Bashir
Sell or Rent
2 January 2016 | 13 replies
@Colin Williams,Just to clarify some definitions for a financed property secured by a mortgage: the lender is the mortgagee and the borrower is the mortgagor.
Silas Carter
Need advice: How to take equity out and expand in Austin.
31 December 2015 | 1 reply
Do we Refinance our existing properties to get the equity out or just borrow under the LLC with a personal Guarantee?
Tyler Warne
Looking for structure advice.
4 January 2016 | 5 replies
Are you planning on borrowing the down payment from your father and applying for bank financing for the rest of the purchase funds?
Scott Raley
What are your take aways from "The Big Short"
5 January 2016 | 5 replies
No one put a gun to stupid peoples heads to force them to borrow money they couldn't afford to repay.
Jeremy Jackson
FHA loan question, what if I'm forced to move early?
3 January 2016 | 8 replies
I considered it last yr but was told I had to borrow at least 144K.
Account Closed
First deal done! Now should I get a loan to buy 3 properties?
4 January 2016 | 13 replies
If you are hoping to borrow 75% of its value for other properties, then they will require your return on THIS property to still be higher than the mortgage of $76.5k that you will have incurred.
Dan G.
Does city or class of property affect ability to get financing?
2 January 2016 | 3 replies
Their only option is to foreclose on the asset or do a workout with a borrower to get performing again.When someone has a full personal recourse loan guarantee against them and assets to go after lenders will bend the loan criteria a little.
Boyd Hunter
Review on Brownstone Global Private Lending LLC
3 January 2016 | 9 replies
They also could be new enough that they do not have any track record.Depending on the State of KY laws check to see what are the regulations concerning lending money.Ask you contact person for a letter from their bank saying they are in good standing.You have reason to be concerned.Why not borrow locally rather than internationally?