I have a property under contract and have been working with a loan broker FOR OVER A MONTH! I'm in clear danger of the seller's patience running out. Was told we "passed" the lender's test: 730 Credit scores, ple...
I recently started researching buying notes, and I’m totally hooked! What is your advice on the best site to purchase them? Can anyone recommend a note servicer? I’d ultimately like to start with a note in TX or AZ (i...
I need some help with figuring out the appropriate interest rate on an unsecured business loan for flipping.
For a secured business loan from a hard money lender, it seems the going rate is around 18% per year with...
Hello all,
I am going to be buying a house to flip within a month or two but before I start I would like to get your opinions how to use "Our Money" for investing in real estate.
Me and my wife currently have 65k in...
In my experience, here are the misconceptions uneducated and inexperienced note investors possess1. Thinking the 1st lien note holder needs to pay off their 2nd lien note if the 1st lien forecloses2. Thinking the fore...
I hold a note to a commercial property in a Southern California in a desirable area. The buyer is in a negative cash-flow situation. We have already been through foreclosure once this year and the buyer came in at the...
Hey, good afternoon/evening everyone. I am a new investor and have been exploring deals in a few markets outside my area for the past month and a half. While researching and evaluating homes, I had an idea for managin...
I live in Massachusetts and have a family member who is asking for a personal loan of $60,000 to purchase a $78,000 mobile home in Rhode Island. I do have the money to loan and would like to help and I know that the b...
Again, not super cleaned up. Copied and Pasted off of my notes on my iPad. Enjoy!Dave Ramsey Money Makeover Chapter 1: Total Money ChallengeChapter 2 DenialFrog in Warming Water example - If a frog jumps into a BOILIN...
I started searching the web in regard to "foreclosure" information. I've been curious about this, because my husband and I were put on a "re-payment" plan last year in 2007 to get our mortgage payment current. At this...