Paul Tanso
How to structure a deal between partners and investors?
I have a question that may or may not have a one size fits all answer, but here goes. My partners and I are looking at a deal that will require us to round up investors. We are planning to target family and friends. W...
Shari Peterson
need advice on how to help friend in foreclosure
I concentrate on short sales but I have a friend who is facing foreclosure that is not a short sale candidate. Can someone advise me as to how I can best help him?
His house is valued at $167k. I don't know the repai...
Jimmy Hong
Help on a foreclosure
I relative of mine has been having financial difficulties since the fall of the Lehmen Brothers and AIG and has a property that hasn't been paid off. The bank foreclosed and auctioned the property away for $130,000.00...
James Allen
Advice on dealing with Lender needed!
Ok, so I have an offer in on an investment property right now. I'm having a dilemma because I got pre approved for a 15% conventional finance loan on an investment property going for $179,000. I have a total of $42,00...
DaVon Brooks
Hard Money for Foreclosure
As a new investor, I've joined a few free trial sites that list foreclosures and comps in the area. The profit margin for some of these homes based on comps in sq ft, room numbers and location are great for investors ...
Ashleigh Galucia
Tricky situation to finance, running into roadblocks. Help!
Good evening! I'm sure this is one of the most asked questions on this forum..."how to finance your first deal?". I have looked into multiple options and keep running into road blocks for my particular situation, so I...
William Kelly
Has anyone gotten a manual underwrited loan?
I was wondering if anyone has ever done a manual underwriting loan simply because they had no credit?A little background about me: For the longest time I never believed in credit. I have never had a credit card. I hav...
TaRa Mehta
Credit Score Conundrum
Hey all,I've listed my first BRRRR property for rent. It has been renovated REALLY well and I got a LOT of inquiries the first week. Now it has dwindled down. People don't reply back once I say that one of the require...
Jan Styrczula
Loaned money to a brother in law
Sorry to bother you guys with my mistakes but in August of 2019 I loaned 50K to my wife’s sisters husband, he was supposed to return the loan in November of the same year with a $5K extra ( so 55K total) that Didn’t ...
Shanita Parker
Need to know how to purchase property if...
I am in an organization. My church wants to purchase income property i.e. apartment buildings. How to we go about getting a loan?