Hello allI recently had a conversation with a co-worker who had just formed a 3 man LLC and financed their first purchase. Their largest challenge thus far was obtaining financing - so much so they hired a broker to h...
Hey fellow investors,I recently purchased a note from the FCI Exchange, but come to find out there is no pay history, and FCI Services will not service a NPN without a pay history. I attempted contact the previous not...
Hello,Don't shoot the messenger!!! I want to share some feedback I just received from a major lender regarding a cash out refi of a hard money loan. In my day job working for a hard money lender, we issued a loan on...
Hi All, I am planning to build a few spec houses in Las Cruces, NM on lots owned by the original developer. I am wanting to partner with him and use the lots as collateral for the construction loans, but not pay for t...
I've heard 4 and 10?
What I'm thinking about doing is buying a house once a year moving every time, so essentially I would have 4 OO financed rental properties. Each time cash out refi-ing up to 80 or 90% and using ...
Has anyone used Home Path as an investor to finance properties number 5 and above?
I thought a few people had mention that they used it for mortgages number 5 and above. Unfortunately my mortgage broker says...
I wanted to see what everyone's thoughts were as far as how much per door you look to get on an investment. Do you look to make at least $100 dollars a door after all is paid (Mortgage, Taxes, Insurance, Property Mana...
Hi Guys, I have finally decided to take the jump and get into real estate investing, through hard money lending. I am very excited, but as a newbie, I know that I have a lot to learn and figure out. I know the busine...
Hi all, does anyone here know of A platform or an official bank (not individuals) that lends on the collateral of a loan note that you are holding?
Is there a standard fee or equity split structure for someone acting as a KP (Key Principle) /deal sponsor / loan-guarantor on a multi-family acquisition? Let's say all they do is co-sign the loan, without bringing an...