I have a SFR rental in Las Vegas, NV that was recently transferred to me by quit claim deed from a parent. There is no mortgage on the property, it is owned free and clear. It is worth close to $400K and I want to g...
I'm looking into borrowing money from friends and family members via a promissory note secured by the property. I'm hoping to get some feedback and advice for this process and if there are things that I may be missing.
I want to apply for a conventional loan on a duplex out of state. Both units are currently rented and I intend to keep renting them. A mortgage broker said one of his underwriters may approve a loan as "second home" w...
Hello everyone,
I have a pretty darn specific question about Billboards. I will set up my problem, tell you a few things I am going to try, and ask if anyone has had experience with this or has any other ideas.
So ...
I have a seller that owes too much on his loan for a SFR-rental (in Chicago, IL) that brings in $1500 monthly via Section 8. The problem is he bought in the RE boom in 2008 and owes too much. He does however have a 40...
Bought a house in a great neighborhood in New Orleans. We paid $142k for it all cash. Started a new company and put the house in that company. We have owned it for almost 60 days. Looking to pull some cash out to reha...
I graduated college last spring so I have little capital to bring to a deal. I’ve been doing construction work since high school and during my sophomore year in college I started my own contracting company. My company...
Do I need a lawyer to set up private lending?
If I have someone who will lend me an amount do I just get a personal check?
What types of return percentages are the norm for private lending?
These might seem like du...
Hi Everyone,How do you approach partnering with a property management team to do deals together? I'd like to give them a lot of the equity so that they're incentivized to keep the property up in exchange for financial...
My lender sent me the itemized monthly mortgage payments I'll be making. Along with the principle and interest are two items I had questions about:1) Hazard Insurance - does this go away once I'm covered by my own lan...