Hunter Fitch
Quit Claim scenario - what to expect
I have a rental property that was Quit-Claimed to me about 4 years ago. The title is in my name but I've been paying on the loan which is in my uncle's name.
I've got the funds together to pay off the loan with cash....
Daniel Coleman
Number of properties financed at one time
Do bigger companies that invest in real estate finance many multi-family properties all at once or do they finance some, buy some?
Ryan Fox
who drafts release of deed of trust?
I made a private loan to a borrower secured by a deed of trust. The borrower is now refinancing. Is it customary for me to draft the release of DOT (sometimes called a "deed of release") or does title usually prepar...
Ethan Gidcumb
What are the differences of a Hard Money Lender and a Private Money Lender?
(Before you start reading, I think the overarching theme of this question is that the definition of a Hard Money Lender and Private Money Lender has changed throughout time. That can be the reason some people have dif...
Heather Burnell
How do I get my rental property out of my name and into my LLC ?
Hello. I purchased my first rental property in February in Spokane, WA. I secured the loan in my name and formed an LLC that I wanted to put the property in. I happened across an article on the internet regarding an "...
Kody Graves
Looking for others in this community that live in Idaho!
Just looking to build some relationships within the state! Live in the Treasure Valley but do a lot of business in East Idaho as a lender. But looking to expand my knowledge within the real estate industry, and wanted...
Chad Trail
LLC for receiving rent
Can or should I receive rent payments in an LLC if the properties are owned by me as an individual? Also, the properties are all in different states.
Harry Zhou
How to use my credit/loan but business partner's downpayment?
Looking for any experience / advice:I run into a good deal but my funds will be tied up in other investments at the time. Business partner has cash and I am wondering if we can use my credit to apply for a loan but pa...
Michelle Fenn
Note Loan Servicing Recommendations
I am in Cleveland area and have turned long term rentals into notes. I was able to sell one of my notes last year when I needed to raise capital for 90% in a week. What I learned is that I was lucky, not smart and...
Jacob Budzynski
Private investor wants lien
My partner and I have a duplex under contract. We have a private lender willing to lend to us, although he does want a 1st position lien on the property. Since this is not a hard money loan we will be the ones setting...