I am doing some commercial deals and the seller will be carrying about 5% in 2nd position, is there any risk by not telling the bank or lender about this? Some lenders have various rules and it complicates deals. I am...
Hey i was wondering if anyone knew any dscr lenders that would be willing to take the 2nd position on a loan, i have a property in Oakland california where the seller is willing to finance 85% of the purchase price at...
Has anyone used Rebogateway? I've been told it's a good source for picking up probate, tax delinquent and divorce lists but I'm curious as to if anyone else has had positive results? I'm already using listsource but I...
hello. reviewing a tape it listed notes as 1st posit, 2nd posit, but for a CFD it indicated no lien position. Asking the reason for this. thanks!!!!
I read a post in here somewhere that someone stated that they only buy long term investments in neighborhoods that are on the Path of Positive Progress.
I grew up much of my life in Austin, Texas and witnessed neigh...
Engineer your LIFE. Spend your time doing what you LOVE.Help others find FREEDOM, passion, and purpose.Travel, LEARN, and experience the world.BREAK free from the status quo and live unconventionally.On the other side...
I have four six-families, i.e. 24 units in total, that are each held under a separate commercial note, all approximately 18 months old. The notes have a pre-payment penalty within the first five years. All properties ...
I'm just getting started so be nice to me. ;-)That plea might work on this forum, but when it comes to private lending, what can I do to position myself for that? I'm mainly thinking of activity to help people feel mo...
Hello group, this was something that was on my mind. When you started how did you know you were positioned correctly to jump into RE investing.. What does that position look like?
Hi, I've done a few hard money loans in first position. First, though a company then on my own. I was recently approached for a 2nd position deal, which I've never done before, but the terms sound so horrible to me th...