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Results (10000)
Tracy Williamson Private, Conventional & Commercial lending
8 May 2023 | 3 replies

Why is it so hard to get funding strictly in your business name? Is it required to put down your information alone with your business information? I am starting to hear banks ask to run your personal credit alone with...

Wade Stahle assigning contract without "and/or assigns"
27 August 2016 | 15 replies

I have my purchase agreement contract. I was planning on doing a double close. I am no looking to assign that contract. The contract doesn't include "and or assigns", can it still be assigned? Also does the assignment...

Jeremy Fields Collecting security deposit remotely
13 June 2020 | 4 replies

I have found lately that the number of applicants to my units has dropped significantly. For this reason, once I have someone approved, I want to send the lease for signature with a short time limit, so I can quickly ...

David Weis Proof of funds with private money lenders
27 January 2014 | 3 replies

For those investors here that use private money, how do you show proof of funds when submitting an offer? Do you have your private money folks give you the money first and use that as your proof of funds. Or do you...

James Nosack Business loans to fund downpayments on properties
22 May 2019 | 14 replies

My business partner and I have begun to seek out larger sums of capital to invest with. We have recently started looking at the possibility of (small) business loans to help fund our down-payments. We have been told t...

Joey Soewargo Just wanted to fact check how double closing works
12 January 2021 | 2 replies

If I'm not mistaken, double closing is essentially I enter a contract that includes person A - person B (me) that only involves the rights to the property not the property itself, then once that's complete, I would se...

AJ Smith PML > CDs All Day Long
14 October 2024 | 8 replies

12% APY for our Private Lender on this deal.

100% passively.

We borrowed the funds, we fixed the property

We sell it when it's beautified. 

I love thinking about it.

Instead of sitting in a CD at 5% int...

Mindy Jensen Set for Life by Scott Trench
7 August 2018 | 9 replies

Set for Life by Scott Trench is our June title. What did you like? What needs more clarification? I'll even tag @Scott Trench in this post so he can answer your questions.

Virginia VanOeveren As a PML, you should....
19 December 2024 | 9 replies

To start as a private money lender, educate yourself on real estate investing and lending practices, define clear loan criteria, and conduct thorough due diligence on borrowers and properties. Draft precise agreements...

Lisa Hill Opportunity Zone vs 1031
17 January 2020 | 28 replies

We may have up to 500k in equity in a rental house that we plan to sell.  I found a multi unit property in an opportunity zone.  Where do I go to find out how the tax deferral works?  I’ve read up on it but am a bit o...