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10 May 2024 | 8 replies
Typically private lenders won’t you CJ long periods of time unless it’s astronomical Interest as money is constantly devalued and $100k today vs 20 or 30 years from now will seem the money essentially worthlessOnly reason it works for banks is because the money they lend actually doesn’t really exist they make it up due to fractional reserve lending
10 May 2024 | 17 replies
So if I sell the bare land and use the 100k as a down payment on a duplex I basically need to come up with another 100k of my own money to match the down payment if I’m going to live in one half of the duplex?
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11 May 2024 | 0 replies
It ended up being a great deal as the sellers divorced and needed money and accepted a small portion of the loan as payment in full.
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11 May 2024 | 6 replies
Lastly, you can use the PREVIOUS lease [if you like it and put an addendum that the original lease stands except for 1. landlord name and place where you pay money?]
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12 May 2024 | 31 replies
(especially if you're borrowing money for the deal).
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10 May 2024 | 5 replies
Theoretically in 3 years could I refi and pull out the money she needs and lend it to her to build the house?
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10 May 2024 | 7 replies
I am wondering if i am losing out on money by renting long term?
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10 May 2024 | 1 reply
The winning bidder won't have documents to prove ownership, so how can they protect their money or interests during this time?
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11 May 2024 | 22 replies
Her staff wasn’t allowed to handle money, so we didn’t receive rents for months.
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12 May 2024 | 14 replies
Apply any money paid first to the bill, then to rent.