I've been reading a few note guides, and came across the concept of using your note as collateral for another loan. This way instead of selling, paying taxes, you can borrow against it and invest again.
Anyone have ...
Hello, Does anyone know where I can post to sell Detroit Notes? I have two small pools at about 18 to 20% Of what is owed. thanks
Hello,What is cross collateralize mortgage loan?Does it make sence to do it?Any lenders does that type of loan? What they requirements?Thanks
I have a good friend who is a GC and investor here in the DC area. Long story short, he’s able to locate offmarket deals and uses private lenders to help fund the rehab costs, in exchange for a percentage of the profi...
Can I refinance out of a hard money loan?
Hello,I am looking to sell a partial of a note on a property in Colorado.The property sold in Sept 2023 for $130,000. The buyer put $30,000 down.The $100,000 note is being serviced by a servicing company in Texas.7.2...
Recently a international client of mine was successful of getting financing to purchase US real estate. The person is from Hong Kong and talked to their banker at HSBC, who then referred him to a banker at the HSBC US...
Probably a stupid question....but how does the financing work if you use Property A as collateral to buy property B? Can you buy property B through a new LLC if you have a personal guarantee on the loan? Lender said t...
Although my BP post count is climbing, and my knowledge is increasing, my portfolio is still at zero - and I'm afraid it will remain so until I start to get a grasp on financing techniques. I would absolutely LOVE to ...
Hello all,is the transfer of mortgage to a new property a tool in your financing tool box? What are your thoughts and experiences on walking the mortgage? I just read about it and would like to understand more, especi...