Alfonso Andolz
How to borrow money when still recovering from bankruptcy?
Here's my situation, I had to file bankruptcy due to an unfortunate divorce. If it means anything, my TransUnion credit score is over 660, even though the bankruptcy happened less than a year ago. So I am very respo...
Jeff S.
Friend wants to borrow money, owns lots of RE
Just had breakfast with an old friend (high school) who has 13 houses, bare commercial land and back taxes.
He is negative cash flow but always borrowed his way out of jams with his equity.
He is foreclosure close ...
Stephen Massinello
Borrow Down Payment (Lenders, Hard Money?) Monroe County, PA
I would like to purchase an investment in Monroe County, PA, I am looking in the sub 150K arena. I am a real estate agent in NY and CT and a new investor. I live in NY.I keep running into the not lending to a rural ar...
John Lingel
Borrowing money from a friend for a foreign property
I am looking to buy a $200k property in Colombia (Foreigners can't really get loans) and I plan to borrow $100K from a friend and pay him back over 7-10 years. What would a fair deal look like in terms of the borrowed...
Marcus Auerbach
Borrowing money for half of inflation rate is crazy
Rates are going up quickly now and the FED has not even started taking the step they have announced for this year to combat inflation. The fact that you can borrow money for half of inflation seems upside down: the le...
Kevin Kim
Borrow from Hard money (70%) to offer 100% Cash
Hello I would like to check if it is good strategy to borrow 70% of offer price form hard money (30%: I have cash) so I can offer like 100% cash offer. Once it is closed, I will refinance with 30yr mortgage. Is my und...
Account Closed
The secret behind private money lending and borrowers success
The insurance company make it easier with repayment insurance policy. How do you think this work?
Account Closed
Private Money & SDIRA - Borrowing Prior to IRA Setup
Hi BP. I am in a bit of a pickle. I am awaiting a response from my custodian and thought I'd throw this to the community for discussion.A wholesaler has a contract I want to acquire and requires a $3k non-refundable d...
Alejandro Valbuena
Is borrowing money from Private Individuals a good idea?
Hey everyone!I am looking to invest in my first real estate property but it appears that saving for a down payment of 20% or more could take me at least a couple of years. Because of this, I have been seeking alternat...
Cameron Dewell
Co-Borrower for Re-Finance (Make some extra money)
I currently have an accepted offer on my first rental property. I haven't been a licensed real estate agent for a full year ( self-employed ). Therefore, I can not qualify for bank financing or any kind of refinance. ...