I met with a seller through a pre-foreclosure marketing campaign and have been presented with the following. Using the house as security, the sellers wants a Balloon, 10k loan with 4 points up front and 12% interest f...

What is the repayment time? The same as a mortgage?

Can you write off the payments?

Does the interest rate fluctuate or can you lock one in?

With the low refi rates out there, I'm wondering if this is now the better option to finance my first time rental property.  Needing $40K for the DP, if I use my current HELOC with a 3.75% rate (assuming it says aroun...

I am wanting to approach one close friend of mine on investing 200,000 as a down payment on a million dollar loan. This would be a deal to acquire 30 single family homes. I am not sure how to structure this deal. I do...

Can anyone tell me if this is a good loan agreement?

LOAN TERMS AND CONDITIONS

(1) Borrower must have a working bank account in his/her name or company name which will be used for the transfer of t...

Hey there.  A friend is buying a home to rehab and flip and he is looking for financing.  He is offering 10% annual return and expects to flip the house in 9 months.  His brother is a contractor and they have flipped ...

If you had $70k in your bank account, how would you invest it right now? Non-real estate

Hey all this is my first post, I am new to this site and may not understand all the rules just yet but please humor me as I am in a situation. I am in a 2 bed rental with 2 adults and a 7 year old boy in Colorado (3 t...

Hi All,I purchased a house in Atlanta back in early 2021 and I took on the current tenant who was with the section 8 program. One of the reasons I kept the tenant was because the seller advertised she was paying $1,55...

So I’m working everything out to get started investing. I’ve heard it’s best to work backwards. I’m looking to do a hard money loan and do a cash out refinance with a conventional loan in 6 months or so to repay the H...