Brent Causey
What would you do? Ready to trade up
My Dad and I own a few rentals together. We put up 0 cash as we leveraged some "paid for" land as our collateral on our first deal. We have two houses, House 1 - purchased for 135; we owe 135; worth about 165. House 2...
Steven Benton
Hard Money Lending Details???
Hi all! Quick question regarding hard money lenders… I am fairly new to the concept of hard money lenders and was looking for in depth articles or a specific podcast I could check out that goes into more depth on the ...
Joe White
one mortgage two different properties,
I'm working a deal on a property I want to buy but the property has a lien on it because when the parents bought a new house the bank used both properties as security. The properties are on separate pieces of land. No...
DeeDee Lucks
Guidance for first taking out a Hard Money Loan
I am looking for a hard money loan of $100,000. I have a cash flow issue, not an asset issue. By September I should be able to repay in full, though I prefer to hold for 6-12 months. Unfortunately, we must close on...
Hament Raju Mahajan
CA deficiency Recovery
For a private loan Secured by investment , business purpose loan (secured by California SFR , purchase money loan) , If the collateral does not have enough value to pay off the entire debt. How can the lender recover...
Mike Lawrence
Looking for the best financing option...
I'm looking for some advice and/or better financing options for a deal that I'm working through. I have secured a contract on a prime waterfront lot on Lake Travis in Austin TX well below market value at 400K. Given t...
James W.
What to offer on a cash loan from family?
I'm not sure if this qualifies as a "HML" or something else, but here's my situation.I have several properties that I'm interested in, I'd like to buy them all but I'm running short on cash.All of the properties cash ...
Seth Wyatt
Loan Help - young investor
ANY YOUNG/NEW INVESTOR HAD THIS PROBLEM ?? PLEASE HELP.
Looking to purchase my first rental property, only problem is getting approved for the loan. Have a good score, but a short credit file so can’t get approved ...
Loretta Murray
How do we make our borrower pay us back?
Several years ago, my husband and I used the majority of our retirement savings to make a private loan to a real estate developer for a single family home development in a very popular part of town. Years later, there...
Andre Taylor
Business Line of Credit
I am getting ready to start my first rehab project and wanted to know if any STL investors use certain banks for business lines of credit? If so what are some of the requirements and what are the benefits?