Hi there, Iv got 3 people that have a total of around 700k and they want to give me the money to grow my real estate portfolio in exchange for a return on their investment and full repayment with in a set amount of ti...
With there being numerous ways for investors to purchase a property, it's important to know some of the some of the more common financing options and their pros and cons. As always when considering which option to go ...
We have 2 rentals HM#1- $280k financed its worth $500k. HM#2- is worth $420k & We owe $283k. Im feeling stuck. Which cash access option is the best or would you recommend? Which is the fastest? Downstream.
Hello, I am new to real estate as a whole and offering my services to help with the physical labor of flipping houses with other investors out there that are willing to mentor me along the way for me to one day be abl...
Hey Columbus folks, I am looking for a mortgage broker who would like to work with me to vet potential lease option tenant/buyers. The broker would provide me with an evaluation of the prospect's likely ability to ob...
Hello BP,I am getting started and just talked to a lender. He said I can get a primary home loan if I keep my mailing address at the home of purchase even after I rent it out. Doing so will keep my interest rate at 3....
My question is if you are trying to assume a non-recourse loan would you need a sponsor for the net worth or is that up to the bank?
From my understanding a non-recourse loan they (the bank) cannot come back to you p...
Do you necessarily need a promissory note if you file a mortgage? Say for example, I lend someone $5,000 on a free & clear house (listed for sale with a Realtor) and file a mortgage for $10,000 once the house sel...
I have been researching different finance options for my rehab projects. Hard money is my obvious last choice due to the high cost. I was thinking just borrowing from family members (maybe at 8 to 10%), no paper work ...
So I have a Solo 401K plan where I am the trustee, since the IRS allows loans on the Solo 401K to the participant. I have some questions on the IRS rules for loans from a Solo 401K? Is there a maximum term length? (i....