Jerry Chilimidos
SDIRA lending and borrowing.
Hello all, I have a SDIRA with some cash, 2 paid off properties and a stock portfolio in the SDIRAs name. I was thinking about leveraging those assets as collateral and doing some hard money lending. Is that a thing...
Mike Schorah
What percent of lenders would allow borrowed funds for a borrowers down payment?
I was reading that it’s not exclusively forbidden.Specifically referring to Pace Morby’s Gator Lending, for a sub to deal for instance
Marvin S.
Payouts! Owner/Borrower Wants Out!
I have come across a lot of opportunities where a home owner wants out of their original fixed loans/mortgages for various reasons. Thing is all I have come across are current on all payments. After looking at the si...
Jake Langley
Forclosure advice on Mia borrower
I carry a note that is now 3 months delinquent and I have to start forclosure. The borrower/ owner is MIA this is not the first time this has happened but he usually contacts me and gets his payment up to date. This t...
Shayne Mahoney
Borrowing Against Annuity to Invest
Hello there,I was just looking for some opinions on borrowing against my annuity to invest in a duplex. I’d like to use a 203k loan so I can put 3.5% down. I know this means I will need reserves too. A follow up quest...
Cam Jimmy
Borrowing from your 401k question!
I've been aware of the strategy of using your 401k to borrow money from to buy real estate for some time now. You can borrow up to $50k and pay interest to yourself... got it...awesome. However, in my area the houses ...
Account Closed
Borrowing Money for First Investment
Hello,Thanks to all the great knowledge found here and elsewhere we are close to purchase our first investment property (a duplex). Initial we were going to use a mortgage to purchase the property but my mom offered t...
Erick V.
Borrower filing bankruptcy...what happens?
What would happen if after you buy a NPN, the borrower decides to file for bankruptcy? What happens to you as the note holder? I assume if the borrower throws the property into the bankruptcy that it would go to th...
Anthony Santa Ana
Borrowing against a commercial property
I have a commercial property free and clear (land and building) and want to borrow against it. I want to use the money to reinvest it in cash flowing rental properties (SFR and/or MFH). Any suggestions about what typ...
Dean Julie
Borrower not returning my calls
There was a borrower that I loan some money from my IRA for the rehab on a project. As far as I could tell, and can still tell, the project should turn out successfully. However, whenever I try and get a hold of the g...