Hi allI hope all is well.  I was recently offered this, wanted to get feedback, questions, etc.  Assume you have cash currently earning 4.6% in high yield savings. Key Deal Points:Loan Amount: $88,000Lien Position: 1s...

Years after the real estate meltdown, U.S. regulators are finally catching up to all of the loan modification companies that scammed these distressed homeowners out of millions. One such perpetrator just had his d...

Investment Info:

Single-family residence buy & hold investment in Flint.

Purchase price: $67,900

Cash invested: $5,000

Initially purchased August 2018 as primary residence, in January we converte...

So I am looking at some properties that need minor renovations, around 10K.  Basically I am looking for the best way to get a loan for this type of renovation.For example, looking at a 85k property that needs 10k wort...

The house cost less than the loan amount I am approved.  where do the money left over go? can I use the rest of that money to fix up the house? Will the bank take the left over money?

Hello BP community! Hope somebody could enlighten me with my situation. I purchased these properties with personal loans. My question is, how should I tackle these loans?

The values of the loans are as follows:

A. 3...

Hi all - I did a search here but couldn't find a consistent answer. Hoping for one here. Situation: This is my first time lending money. It is a first position note for 12 months to a borrower who paid 6 months of int...

I recently began interviewing local credit unions after learning they require lower or no seasoning period, versus a traditional lender, for a cash-out refi on investment properties.  The issue I am finding is that th...

I am just speaking with a lender and he mentioned to me that the commercial rates below $500 000 (and above i guess) are determined by that states 'Housing finance commission' or Agency etc.

Is this the same for each...

If we purchase a property with a a loan on an individual name and then transfer to LLC. How does the transfer work?The doubts we have are1) There is a due on sale clause or something that doesn't allow the loan to be ...