I would like to know how to lend in judicial states like il, Ny. Where it could take many years to forclose in case of default.
I have been suggested to put a trust together between the finance partner an...
My first rental I put under an LLC with a partner, my second was conventional with my wife, the next one i'm working on with my LLC partner should be moving forward soon. I originally had anticipated putting the loan...
I'd like to buy a home soon, and I don't want to wait long enough to save up a proper down payment. I am considering approaching a few wealthy investors I know and giving them a proposition like this...
Example, I bu...
If I know of someone that is in contract on a property but can not find financing for that property. If I where to bring them a private money lender to make their deal possible, should I ask to be compensated for conn...
Hi, My property in California, is appraised approx at $320,000 and my 1st balance is approx $360,000. My second is for approx $73,000. I've stopped paying the 2nd and I'm trying for a loan mod on the 1st. Would the 2n...
Does anyone know of a lender who offers a Purchase Money HELOC? It is an unusual arrangement in which the borrower does not currently own the residence serving as collateral. I've heard rumor of it's existence but hav...
My wife and I have found an old farm house that we have a cash agreement on..... I know about rehab loans, my problem is it requires a certain contractor that’s familiar with the process. Do I have any other options o...
Hi BP,New to the site, every excited about this forum. I have a question about the liabilities associated with private lending.If i write a personal check to a flipper as an equity partner, junior lien holder or senio...
has anyone heard about getting a first mortgage on a house that is paid for in order to use the money for investing? what are the rates, and how much can you borrow against your house?
My husband and I want to invest in our first SFR deal with a friend, but we aren't sure the best way to structure our loan (I.E: can our friend just be a cosigner on our loan instead of a co-borrower), or how to write...