Francesco Ferrero
Private Investor Loan 3 Years 7.2% annum
We are looking into getting a private Investors Loan of 120,000$ with these Terms. We are calculating our repayments to be around 2700$ Would this be correct? Also we are not quite sure what point 3b means for us.... ...
Jamie Parker
Private Lending: Fees are a bug-a-bear!
This is not intended to be a rant of the complaining sorts. However, from the this post I hope that someone may gain some value out of my situation. Short story long....In the process of completing the process to get ...
John Underwood
EIDL loan - Use of Funds
Here is what my EIDL documents say and I would like to discuss some points here:Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "...
Erol Shashaty
Real estate friendly bank
Hi,We are an overseas fund that will start investing in Cleveland area residential properties. Any suggesting on which bank to work with. Which bank in Cleveland is easier to work with and our of country investor frie...
Thomas Oliver
SBA Loans Who has received them?
I am in My 2 stages of the EIDL loan. They are talking about Collateral in the loan Docs. But do not have a list. Are they putting a lean against all of my Properties? If so I’ll tuff this out with out there money....
Crystal McVay
Need Help with Financing
I have equity in a property (condo) and I want to use it to buy my next property. But I don't want to waste my time going from bank to bank to see who will offer me a HELOC. Should I just go on Lending Tree? Are there...
James Allen
SBA EIDL Loan Has Strings Attached - Is it really worth it?
I've been seeing a lot of people confused over these EIDL Loans including myself so I figured I'd start a discussion to help all of us make better informed decisions. Apologies if this is already been addressed somewh...
Patrick Philip
How to fund the down payments with OPM?
I have a private lender willing to lend up to 75% on properties of any size. How do i fund these down payments? If the owner is willing to finance 25%, does that make sense because both companies are using the same bu...
Hannah Rodriguez
Anyone doing creative financing in Philadelphia Region?
Hi All-My husband and I just bought our first STR in the Poconos and are getting that up and running. I would like to know more about the processes for creative financing (seller finance, sub to deals) and especially ...
Josephine Ramesh
collateral for the private money investors
I have few friends interested in funding my next BRRRR deal. I offered 10% annual interest which I will pay in full when I refinance the property , in about 7 months. So they get about 7% interest. They are good with ...