SHe said the previous landlord used to front her money several times because she was good for it. She needed $500 to do something but her ss check wouldnt clear till tomorrow. She would write the check to repay along ...
Hey BP Members, I am under contract for a four family and my idea is the BRRR method. However, instead of buying with cash, I am looking to put a mortgage on the property, fix up, turn over the tenants, raise rents an...
I've been trying to buy a trailer park, they didn't accept my owner carry or bank financing offer. They are currently over valuing the park and it looks like the only way to get a good deal is to utilize a hard money...
Has anyone ever borrowed money through a bank using your stocks and bonds as collateral?
We could sell the stocks and pay cash for the property, but we would have to pay at least 15% cap. gains.
We woul...
Hey everyone, we just found a new site, created by the founder of E-Loan, called Prosper.com. The site allows anyone to become a hard money lender. People needing a loan can submit their project/need, and people (le...
Hi everyone, I don't have much experiences in borrowing money and would like to ask for advices. Here is my sum up situation:
I bought my 1st rental property in Oct 2008. Currently I own 5 rental properties + my Home...
I am attempting to borrow money against my investment property that I’ve owned approximately 6 years. I plan to use the money for rehab on my next property purchase. I was recently told by the bank that holds the lo...
I have a chance to barrow $20,000 from a loan club. What I would like to do is use it along with a Hard Money Loan as the 10% I need (example Hard money lender does 85 or 90%%)Will this work is it a good idea...??Than...
Hey BP,I am looking to get a hard money loan to flip my first property. I am looking to flip with my dad. I want to know if we can get the hard money loan together or do we have to apply individually?If you have prior...