OK so i lost my job but purchased my home (suppose to be investment but forced to move from a death)with a line of credit from my step dads place because we were going to cashflow off it but i ended up moving there. t...
Hi,What forms are needed if someone is interested in funding a deal and in return is looking for interest plus principal back within a set number of months? I have a friend that is interested and I'm not clear on wh...
Hello,I currently have one FHA Loan and have lived in the property for almost one year. I was hoping to buy another property with an FHA loan once the year was up. I was under the impression I could have up to ten FHA...
Hello - I had a quick question on a situation I am dealing with. I am providing a loan( personal) to a colleague. I want to make sure the loan has some kind of collateral. My colleague is ok with his property being th...
How successful have folks been borrowing in LLCs without personally guaranteeing the loans?For those who have done this, do lenders rely on financial statements of the LLC to get comfortable with not requiring a perso...
Hi,Can someone recommend a company that can provide large personal loans for those with bad debt? I came across a homeowner who would like to sell her house for cash, but she has an outstanding mortgage balance. Due t...
Hi BP community! Relatively new member and new to RE investing! This may be a naive question to many, but I'm hoping someone can shed some light. I've located what I find to be a good deal that I would like to put an ...
I am new to investing and haven't done any deals so far but I would like to start offering as quick as I can. I am In the process of selecting a hard money lender and trying to get pre-approved but I do not want to g...
I am looking to lend some money but I want to make sure that the loan is secured by real estate. I have only ever bought properties, and all of my prior lending has been unsecured, or to a business with a personal gua...
Hi BP, I tried searching for answers to this question a few different ways and couldn't get a clear answer.Property is a 3 unit in a great area and I'm going to see if the owner is willing to do seller financing with ...