Eric B.
Borrowing Against Vacant Land
If you own a vacant land via tax deed, is it possible to borrow against the property? If so, how does one go about doing that?
Joan Flynn
Borrowing from a friend
Good afternoon,My business partner and I have an LLC that plans to borrow money from a friend to rehab a house and return it upon closing. We have a contract. Do we need to get or file any paperwork with fed or state...
Vincent V.
Private Money Borrower Information
Hi everyone,I'm new to "Private Money Lending" and I have some ideas of information to collect from the borrower for it but I'd like to know what information you as experienced Private Money Lender collect. I apprecia...
Account Closed
Borrowing from my 401k
I am very new to Real Estate investing and I am looking into borrowing from my 401k to buy my first rental property. Is it a wise idea to borrow from my 401k if I can take a HELOC out from my current home I live in? A...
Dmitriy P.
Non occupant co-borrower
Hey BP folks,I’m getting conflicting info and looking to see what some of your experience is:I currently have an FHA loan on a triplex which I reside in. I’m looking to get into another duplex property with an fha loa...
Muhammad Tariq
Borrowing Investment Property Downpayment
I am an investor in Grande Prairie, Alberta. Are Canadians allowed to borrow downpayment for investment property? I know you can use HELOC but I don't have enough equity in my home currently to borrow against it. Is i...
Cody Jensen
Investment properties and borrowing
Hey everyone, How long after you purchase your investment property (Duplex for example) can you take a home equity loan for that property? Can you take as much as your down payment? If you take a equity loan will it m...
Gwyeth Smith
Services for Vetting Borrowers
As lenders, are the services you use to check background and credit for potential borrowers any different than those used for potential tenants?Thanks
David Weintraub
Advice on Borrower Refinancing
Already hit up @Chris Mason on this, but trying to figure some potential solutions.Have a borrower whose portfolio is around $35MM. He's trying to refinance properties into lower, long term rates of around 5-6%. He ...
Tobey Porter
Borrowing a down payment
My wife and I have recently started our REI career. We have a couple under our belt and are looking for another. My question is about borrowing the down payment. We have tapped our resources w/out going into our em...