I have heard on several separate occasions about the idea of “borrowing against an IRA” to build funds for investing, but am unable to find any more information about this when I search for it. Does anybody have any k...
I'm sure many have done this. I'm curious to hear some stories. Also, do you think a regular loan is best/ Shares? a combination? What interest rate is fair? Thanks!
Hey guys,I looked for a similar thread and couldn't find one. If a similar question has already been answered, feel free to point me in that direction :)Basically, my aunt wants to partner up on REI. However, I think ...
I'm considering borrowing money from my family to use for a portion of my down payment on a rental property. Any advice on how to navigate the conversation and also agreeing on terms?
Here is the scoop:
BPO is $35KThe borrower has passed away and a relative is now living in the house. No payments have been made on the note since March 2016. City and County back-taxes amount to $1,110 and propert...
Investment Info:
Single-family residence hard money loan investment.
Purchase price: $175,000
Cash invested: $50,000
This was a repeat borrower. He needed to close this and another quickly and we fi...
I recently received the payoff from a previous loan and am looking to lend that money back out. Where is the best place to find quality borrowers if there aren't any great RE meetups in my area?
In addition to a Cognovit Promissory Note, I have a Personal Guarantee from a borrower who has defaulted on a loan. I have already initiated foreclosure proceedings.
Does anyone have experience using a Personal Guar...
This question is for private lenders/HML. If a buyer uses your POF to enter a contract and you then decide you are not going through with the deal...how does the borrower know that. With a typical bank you would get a...