Nazar Trilisky
Private Lending Risks and Mitigation
Are both a Promissory Note as well as a Deed of Trust needed for a small private loan (~10% of single-family house cost)? I've gotten two "yes" and two "no" responses regarding the need for a Deed of Trust. All four...
Keith Thompson
Tax Lien Foreclosure & Lifting the Bankruptcy Automatic Stay
I’m headed to BK court next week to petition the court to lift the automatic stay, thereby permitting me to resume/conclude foreclosure on a tax lien certificate in Maryland.The property is an investment for the owner...
Stephen McGrath
LLC Tax and Debt Questions
Hello BP,
I am in the process of closing on a commercial refi loan on a property. When i had bought the property cash, i had formed an LLC but ended up not using it as i didn't want to roll the property into an LLC a...
Lela Chavis
US Citizen/Foreign Partner Looking For Financing Options
Hey everyone,I'm a U.S. born citizen but have been living in Sweden for several years now, where I and my wife reside. We're looking at buying a SFH in Ohio or Arizona (where we have relatives) as an investment proper...
Brandon K.
Financing first new build: hard money, private lending?
Can I tap your expertise on a scenario?
My wife and I own a single-family home outright in a desirable part of South Tampa for $150k, and have our sights set on doing a tear-down and new build with a $215k single fa...
Kent Lord
Weaknesses of BRRR? Sell and cash out or Refi and cashflow?
This post is my real life deal, I need to explore possible creative options.Ideal Situation: Is to refinance the house and still cash flow. But be able to have enough cash for a 20% down payment but I would need about...
Patricia Becker
Equity Rich so many Options.... What to do?
Ok, calling all masses because I AM STUCK!I Have 4 debt-free properties totaling a bit over 600k in equity and 1 prime residence with a bit over 500k in equity, every number I crunch does not help me with Cash flow go...
Rodney K. Cotton
Need 50-60% 1st position loan to go with my seller carry financing 2nd lien
I am negotiating the purchase of an investment property in Hawaii. It has two separate dwellings on one lot. One house is a 3br/2,5ba, with full kitchen, and the second house has a 2br/2ba with full kitchen on the top...
Charlie Goff
Tax returns not done, have my home sold but cant get conventional financing help
Just found this forum doing a search on google. I currently have 13 rentals (3 fourplexes) and a commercial building, plus some commercial land.
I have my house sold for 545k, contract on my desk but because ...
Aarielle Pannesi
Under what circumstances would a hard money loan make sense?
In what circumstances would you consider a hard money loan a good option or a good idea?