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OK I know the Dodd Frank law has been discussed many times and I'm not necessarily asking about particulars on the law. My question is for anyone understanding it much better than I or others possibly in my situation....
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I keep hearing all this crap... So will I or Will I not be able to do lease options and subject 2s with the DOD frank laws changing?
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Hello,I am co-signing (ie. I am listed as a primary borrower) a house for my family as they do not qualify for the mortgage with their income alone. In exchange, we are trying to set up an equity split as well as a wa...
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I'm a real estate agent who has a seller offering financing on a single unit. We also have a buyer who wants to buy with seller financing. This is an area that neither I nor the seller have experience with. Because of...
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I get the concept. I lend them money and create a note that is secured to the real estate.The money is for repairs on the RE property itself. (homeowner has broken roof).Where do I start with the evaluation of wheth...
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I'm looking for your thoughts or alternative ideas about this. (I will put my own disclaimer here for my own and anyone else's posts. Not I, nor anyone posting is a legal professional, etc.)The details, quick and di...
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Here's a question for the PML's out there... I am currently preparing to loan money to one of two partners in a real estate transaction. (The other partner is bringing their own cash to the closing table.) Do I nee...
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Mortgage: A mortgage is a loan that is used to purchase a home. The home serves as collateral for the loan, and the borrower makes monthly payments to the lender until the loan is fully paid off. Mortgages typically r...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $240,000
Cash invested: This was a partner deal. The partner came to the table with the purchase funds. I came to th...
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Hi Everyone, I'm a landlord and recently wanted to pull some cash in order to do remodeling. The problem is banks are not lending at the moment and LTVs are limited.Do you think it's a good idea to get a credit line b...