John Thedford
25K Note For Sale: What Would A Typical Offer Be
17 November 2013 | 54 replies
The borrow came and put down 125k.
Matthew Haussmann
Foreclosure- Who takes the loss
13 December 2013 | 14 replies
And the original borrower may have a deficiency judgement on them for the first bank to recover that loss.
Dion DePaoli
The Pain $ of Not Knowing - Contract For Deeds
20 October 2017 | 19 replies
So the borrower did a DIL and the Mortgagee did a CFD back to the borrower.
Corey Dutton
Close That End of the Year R.E. Transaction Using a Hard Money Loan
11 December 2013 | 0 replies
The borrower had plenty of cash but he had a foreclosure purchase a few days before Thanksgiving and he also purchased a property at auction last week.
Bryan L.
Private money and/or hard money loans
15 December 2013 | 7 replies
I'm trying to see how hard-money would compare to the equity split that my potential partners are asking for.If I'm all-in at 50k and I can borrow all of that up-front with hard-money, I've got maybe $3000 in points.
Ryan Watson
newbie self directed question
30 May 2015 | 23 replies
Only the account owner and spouse are eligible to be Solo(k) plan participants.With respect to borrowing from your Solo(k), you can borrow up to $50,000 or 50% of your plan value, whichever is less, provided your Plan document has a provision allowing participant loans.
Zoran M.
Flip or rent? Analyze my deal
27 March 2014 | 18 replies
The only way I'd say not to flip it is if you don't have the cash AND you have to pay so much for the Hard Money you have to borrow, it would make the deal much more marginal than it is now.
Michael Johnson
Subject-to vs. Loan Assumption
24 June 2014 | 5 replies
The loan remains in the original borrowers name and on their credit record.
David Lee
Where to find private lenders?
27 June 2014 | 3 replies
There are ALWAYS PML/HML looking to deploy capital, and I've heard complaints from many that they don't have enough borrowers..
Jason Eyerly
Non Performing 1st Notes - Can I purchase to help grandmother keep her home?
18 August 2014 | 9 replies
Upon sending of the notice, the borrower must be given time to cure adding another month.