Willie Walden
Financing options
13 May 2016 | 1 reply
Is there enough equity in the property in which you can sell a portion to a private money investor or an investor partner to raise the down payment?
Rob Deweese
Cash out re-fi to get second prop but no gain on rental?
19 May 2016 | 14 replies
I am looking for a potential new house for me closer to work and my childs private school.
Yael Fuerst
Tax question
13 May 2016 | 3 replies
If no one answers your post, consider sending a private message.
Bolanle Ogunmakin
Security Deposit is not 1 month's rent in TX?
8 December 2016 | 17 replies
The two privately owned SFR we have rented in Texas we paid one months rent as the security deposit.
Adam E.
Private Investor Obtained - Need Help With Property Criteria
18 May 2016 | 3 replies
I have both a private and a conventional investor.
Eduardo Linan
How to buy a lot on Texas
13 May 2016 | 3 replies
Hello guys,I got a loan from a private lender, and i want to start my home builder business.
David Oldenburg
$500,000 Networking Success
15 May 2016 | 32 replies
As I look at my activity on the private money funding side.. other than well established turn key companies that I help on the inventory side... my go to teams that are very profitable have one thing in common.. they are Real Estate brokers and agents ...
Carl E.
Hard Money Loan for Residential Construction
13 May 2016 | 5 replies
Most banks (if they even do construction loans), will require a 700+ credit score and 20% down on the hard costs of land acquisition + construction.Here is what I'm thinking:1) Get a pre-approval for my customers for a traditional loan2) Get some sort of equity down from the customer (cash or land) so they've got skin in the game3) Do an appraisal on the after construction value of their home4) Assuming the numbers work out and we're covered in the event that the original customer can't close, build their home for them with us fronting the money5) Sell them the home at completionI have two questions for you all:1) Do you think a hard money or private lender would be interested in this, assuming I'm offering 12% interest on their money for the 3-4 month build time2) Do you see any legal problems with taking money from the customer and then selling the property to someone else if the customer screws their credit up during the build and is unable to close?
Sharee Mason
Financing the first "investment" property
14 May 2016 | 5 replies
In this case, it would be "private money" He might offer you 100% financing for part of the equity if the LTV is low enough (generally, hard money lenders do not want the total loan, acquisition and rehab to exceed 65%.
Rachel Baldwin
Investor Friendly Real Estate Agents
14 May 2016 | 4 replies
Daniel, I sent you a private note.