Austin Andrade
Wholesale Properties
10 August 2015 | 2 replies
I need else's property for 30 days in return for $50 000.00 to secure a $15 million loan already approved.interested in oknvestinginvesting in wholesale proproperties in California?
Ayman Elmasik
Buying first multifamily in Houston and need help
10 August 2015 | 3 replies
Ft built in 1983 and the asking price is 135KMonthly Rents: $ 2,475 Annual Rents $ 29,700 Annual Vacancy 4.0% $ (1,188) Annual Expenses 55.3% $ (16,418) New Taxes 1.25% $ (1,682) Annual Mortgage Payments $ (6,338) this is a unit in a condo, the condo complex has tennis courts, swimming pool, community laundry room, and security gate (i'm workign on the comps with a realtor)Does that look like an attractive deal finacially?
Jay J.
Creating business (LLC) credit & renting from yourself
23 August 2015 | 7 replies
I have an LLC with nothing (no credit card, no assets)I understand (generally) that in order to initially get 'business credit' for the LLC one must use their own 'personal credit' to secure a loan.
Kimi McCarty
Rent to own: How Do I Protect the Seller and the Buyer???
11 August 2015 | 6 replies
In such cases, you may not be able to evict but will need to foreclose and that means a judicial foreclosure as you don't have a security agreement with a lease option.
Ben Cochran
First time landlord
10 August 2015 | 8 replies
At the closing you should have received any security deposit money and any rent money that was received for the month of August prorated to the 3rd.If you didn't and/or if it wasn't even mentioned throughout the closing process ask your lawyer/title company why this is.
Brooks Rembert
If I own a House Free and Clear, Can I Sell With Seller Financing and Refuse Third Party Financing?
12 August 2015 | 27 replies
While we can technically get away with the thinking of having less restrictions, requiring more security, making demands such as life insurance being pledged on a key person as a borrower, drill down to the assumptions in commercial that allow greater leeway.A more sophisticated borrower, conducting business with a purpose to make a profit as compared to an unsophisticated borrower attempting to secure personal needs, such as housing.However, never think that "predatory dealing" or "predatory lending" or violations of fair trade, or what is customary for the size and scope of a transaction can be swept under the rug.
Jeff Zhang
Absolute beginner looking to chart his path in REI
11 August 2015 | 0 replies
I'm sure that affects my ability to secure a loan.
Chris McNair
hard money funding
11 August 2015 | 1 reply
I currently am interested in a property for sale for 37000 with a ARV of around 100000 to 150000 dollars i need around 30000 for rehab and i am looking to secure 65 to 70 percent of ARV with points and or closing cost financed into the deal is this possible
Jim Viens
Private Money solicitation materials
17 August 2015 | 11 replies
You just have to be careful on such letters sent to investors ... it may be said (by both the SEC and the state) that you trying to 'issue a security' -- which is a regulated activity.
Ken Rishel
Response to Another Threat to Manufactured Home Finance
13 August 2015 | 10 replies
While some manufactured homes are attached to real estate by means of a permanent foundation, many more are not1 , and the collateral with which to secure the loan is limited to a title lien in the same way motorized vehicle loans are secured.