Derek Morrison
Giving someone else a loan from a 401k
Hi, I was wondering if anyone has been involved in originating or receiving loans from a 401k to purchase a property. Not taking a loan from your personal 401k, but loaning funds to someone (or being the person that r...
Sandra DeJesus
HUD is requesting partial claim after closing on my house in 2015
Hi. My name is Sandra DeJesus. I think I need an attorney. I closed on my house in North Carolina in July of 2015. About 3 months ago I received a letter from HUD letting me know that I owed them $20,000. I did not kn...
Edwin Epperson
St. Petersburg Florida Private Loan with a JV Option!
Investment Info:
Single-family residence private money loan investment.
Purchase price: $40,000
Cash invested: $15,000
Sale price: $159,000
We partnered with an experienced real estate investor (...
Michael Tyler
Help me find a solid title company
Our lender is trying to close our refi on a Texas property, but they keep having title company problems. When the lender asks, “Do you have any ideas?” you know the loan is in trouble. The issue seems to be confusion ...
David Urena-Amaro
My Thursday Three's!
-What are some great exit strategies when buying a rental property if you dont want to sell?
-What is a conventional loan?
-What is a "turn key property"/ "turn key company"?Thank you!
Nate Gelinas
Structuring a private mortgage for a family member who is financing a purchase
Hey guys. Long story short, I have a family member who may be financing a purchase. They are lending me $45k, 5 year note @8%, interest only payments for the duration, lump sum due at the end.
Now I would like to se...
Arhum Nomani
HELP - complicated problem : title issue and hard money loan
Hello Bigger Pocket friends!I bought a fix and flip property on a hard money loan and closed on it with a clean title. After completing the rehab I put it for sale on the market . The property went under contract, but...
Ondrej Brown
What are some FHA Loans providers ?
What are some companies that provide FHA loans. I wanted to start getting my pre-approves going & needed some companies to apply for .
Justin Garrett
Legal Issue with owner financing on 25 Units in Kansas
Hello,
In a bind here looking on getting other's thoughts, and maybe an excellent Real Estate lawyer in Kansas.
I will start with a bit of backstory. I found some apartments while at home in Kansas on leave. I am ...
Josh Calcanis
Life Insurance as Financing?
BP,I was speaking with a friend of mine who recently began working for a financial group. She mentioned that she had a few clients that had use their overfunded life insurance policy as financing for a deal. Basically...