For reasons that makes less sense now, we bought a few properties in her name only (deed & mortgage) but split all costs. Now we're divorcing and splitting the properties. As I'm not on any mortgages currently, ...
Another transaction completed this week:
We arranged a two loans totaling $180,000 for the purchase loan of a single family property in Central Islip, New York and a refinance of another property all by one investor....
Hello BiggerPockets family! I was wondering if anyone has private money loan agreements that are specific to New Jersey or that can be tailored to a specific state? I am making an arrangement with a family member to l...
What's going on everyone,
What does it take to originate and record a loan in California from an LLC?
Will a simple promissory note be enough to record a lien on the asset?
Do I need to be licensed? Any advice?
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Does such a thing exist?You need proof of funds to bid at an auction, but there's no guarantee you'll end up with any of the home/s you want to bid on. Does anyone know of a creative arrangement between Hard Money Len...
Needing some advice/info. I've typically been doing 3 rehabs concurrently with my own money and/or lines of credit. Wanting to do more in 2014. Here's the question:
How to structure with private money or h...
Great foreclosure deal in grandkids school area that my daughter & new son-in-law would make very good use of. But they can't use their credit as they both have child custody cases on going. My daughter's ex is te...
What are the stages that have to be done to go ahead and accelerate a mortgage?If the borrower made his monthly payment late and i send out a late fee notice and the next month they made their payment without the late...
I'm seeing an uptick in clients looking to acquire or get cash-out financing for NNN auto-based businesses such as Jiffy Lube and various franchise based auto repair chain type assets. Lots of banks pass due to sensit...
Ok, when acquiring a property using a hard money lender how is it actually structured? I understand its typically a short term high interest loan but how it is actually arranged? I assume it works like a personal loan...