Ben C.
Company financial history?
11 January 2020 | 3 replies
If you use a different LLC for each flip how can you build a financial history for lending purposes?
Matt Aquino
Investar Capital Group - Hackensack, NJ
30 July 2019 | 5 replies
They offer wholesale properties to investors, lending, rehab, and selling.
Vincent Crane
Texas - No income tax, but higher property tax. Worth it?
19 January 2016 | 20 replies
It was hard to sell, because suddenly no one was lending money to anyone without 20% down and an 800 credit score, but property values held.
Melody Everett-Neddo
found a house!! Need Investor help or advice??
27 December 2015 | 5 replies
You might be able to find a hard money lender who will lend you 100% of the purchase price at 12% to 16% interest if you can buy it at 65% or less of as-is value (or if you provide the cash to make up the difference).
Corey Dutton
What Real Estate Assets Did Blackstone Buy in 2015?
20 November 2015 | 1 reply
Blackstone also acquired a majority stake in a non-bank mortgage lending company this year called Stearns Holdings.
Jeff S.
In a HELOC bind : Any Ideas ?
21 November 2015 | 1 reply
You know the lending rules and there is some risk in violating them.
Gordon Meadows
Development Takeout Agreement letter for Mezz Funding-
20 November 2015 | 0 replies
1.We have a buyer2.The buyer wants to buy 1,000 barrels/day in existing production3.Purchase price is $30M4.Our bank will lend 67% or $20M5.We have a Mezz funding source who will deposit the balance of the purchase price of $10M directly into our lending bank6.The Mezz wants to get paid off in 12 months with a 30% profit, so he wants $13M in 12 months7.The whole key to this deal is that the Mezz needs a Forward Takeout Commitment from a legitimate bank or life insurance company for the $13MFour questions, please:1)Can you provide a Forward Takeout Commitment for this situation2)I understand from the information that Gordon sent me that this type of letter costs 1 – 2 points and that is fine3)Will your takeout commitment provider charge anything to underwrite this deal and let us know if they are willing to issue a takeout commitment4)We are working on oil production deals in both the continental USA as well as Canada – are both locations acceptable to your takeout commitment providerI am really hopeful that the answer to 3) is no, because if it is, then we will put a solid production deal in front of you.Let me know – many thanksps.We are also developing several SFR /Modular Dev in Austin TX. (2016).
Darrian Whitford
Lender Help
23 November 2015 | 2 replies
Lous areaHard money private money financing creative financing community banks portfolio lender umbrella lending portfolio lending
Peter Thyen
Hard Money Fund for Home Loans
20 November 2015 | 1 reply
Dodd-Frank has made lending to owner occupant homeowners risky for lenders.
Josh Martinez
Investor from Alaska, seeking $10m net worth in 15 years.
1 December 2015 | 13 replies
I am interested in local Alaska investments, however a few cities in Tennessee have also caught my eye.My long term goal is to build $10m of net worth within 15 years through REI and investment lending.