Noah Lomax
Title Company Requirments in Chicago for a Selling a Flip
Hey BP'ers,My partner and I are selling our first Flip in Chicago. We used a Fix/Flip loan to finance. The requirements to do so included in-person inspections before each draw, and a lien release after the final draw...
Mollie Hess
Hard Money Direct Deposit
Hi everyone. I've been in contact with a hard money lender and their information says that they direct deposit the loan amount into my account. I hadn't heard this before and wanted to know if this is common practice ...
Jonathan David
A word to would-be flippers
If you don't have a mentor, and don't know what you are doing, this is not an easy proposition. I am closing next week on my fifth flip, and after four months of sweat equity, and about 500 hrs of work between my par...
Noah Swope
Starting a Private Money loaning business.
Greetings,
My name is Noah, and I am interested in exploring the field of hard money lending. Unfortunately, I do not possess the personal capital required to fund loans myself. However, I have a valuable network of ...
Gary Wong
First Trust Deeds as an Investment - Viable as a New REI?
Hi Everyone, I'm new to BiggerPockets with my main financial experience coming from investing in the stock market over the last few years, however, I want to expand into real estate investments. I am planning on inves...
David Tran
Hero program is a scam and fraud
We signed up with the HERO program through a contractor called Elite Home Energy. My wife and I wanted to them to install insulation in our home and believe it would add value to our house. We asked the sale agent tha...
Mike Nelson
Lending money to a Rehabber
Was wondering if anyone could provide a brief summary of what all is involved when lending to a rehabber. I found one that I am interested in lending money to for his projects but do not know what all is entailed as ...
Rachel Payton
Help! My credit score TANKED due to ridiculous situation
I need help! My credit score has been near 800 for YEARS!! in 2020 I had a baby, and during pregnancy I obviously had several doctors appointments. One of those appointments, the billing was sent to my insurance (a...
Gabriel Benavidez
401k loan or withdraw
So I’m sorta in a dilemma I’m currently under contract for my fourth rental and I was planning to take out another loan from my 401k to put as a 20% down payment which is around 38k but I currently got news that this ...
Tom G
Loan Mod list
Hi All,
Is it possible to get a list of people interested in loan mod? Need some boost in the business by acquiring leads for people wanting to modify their loan.
Regards,
Tom