I'm getting ready to do my first fix and flip and am currently seeking funding from Private lenders. I'm familiar with corporations and LLCs that pool the funds of several lenders and loan them out for a certain perce...
Hey guys, I've noticed that there seem to be a lot of "lenders" that claim they can do no-doc/non-QM loans. This area of lending seems to be full of scammers trying to get a high fee up front, which I've found to be ...
Have a vacancy at my sfh and posted it on Craig's list. 18 minutes later I get this:
Hi there , was wandering if the apt is still available,and move in ready very interested , would like to make and appt to s...
There are Five important points regarding Short Sale Double Closings (A to B; then B to C): 1) Necessity of Title Insurance for the A to B transaction; 2) Necessity of Disclosure to Short Sale Lender ("SSL"); 3) Neces...
The company Churchill & Forrester, LLC seems legitimate when you're a new investor, the man you speak with there, Ed Franklin, seems wonderful to work with, just know - HE WILL DRAG YOU OUT WEEKS AND WEEKS, MAKE Y...
Today I received this email in response to an ad I have for a property on Craigslist"
Hi there!!
I'm really interested in renting your available studio. I am willing to pay cash for a faster move in. I would like to...
Hi!!I'm considering purchasing a commercial property as my first rental. I am debating whether to pay cash for it or to get a loan as most things I have read here encourage getting a mortgage to maximize returns. So h...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Westminster.
Purchase price: $204,000Cash invested: $71,000After refinance : $10,000
Triplex - 2 Bedroom 1 Bath Units + 4 Car Garage.
Wh...
I have a SFH that I recently listed for rent on Zillow, Trulia, and Hotpads. (all at once) I have not listed it anywhere else. It has been brought to my attention that some scum bag is posting my house for rent on cra...
Is it normal to ask for origination fees before loan documents are concluded? A private lender approached me saying to pay a fee before documents are released and before closing. It seems like a scam. I told lender...