We have a triplex in Lafayette, IN that currently only has street parking. The lot is very long and there is actually a sunken spot with some foundation left that used to be a garage, but is now just an overgrown mess...

BP,So last year I took a TSP (thrift savings plan) loan out of my TSP retirement account to fund some real estate transactions.  The loan from my TSP gets paid back to my account and it pays the account 2% interest ((...

I am willing to finance a person or couple who is industrious and for whatever reason cannot get a bank loan, especially the self employed. I will purchase the house and finance the sale through a real estate contract...

Hi all. 
My real estate agent buddy, whom I've known for a long time, wants me to loan him $7500 for a max of 45 days to pay off his contractors while his investment property flip closes. I don't have any reason to d...

Hello everybody!
I would like to understand the "de minimis" exception in SAFE act and Dodd Frank.
My understanding I can do three residential transactions with seller carry backs (I am the seller) per year without g...

One of my favorite movies is Easy Money with Rodney Dangerfield and Joe Pesci. Rodney’s character made a deal to give up all of his vices to inherit his mother-in-law’s fortune. It turned out to be harder than he imag...

New to hard money lending... is 15% and 3 points a good deal? Or average? Or bad?

Hello everyone, I was approached by an investor friend who needs funds to close a deal. He's asking for $175,000 for 20 days he will pay me 2 points or 2% of the loan for the short term use of the funds. My questio...

I currently have 3 rental houses. I am getting a home equity loan and my banker was encouraging me to pay off the houses I already own. I was thinking that sounded smart because my cash flow would go way up. At the sa...

A tenant that applied just filed Chapter 13 Bankruptcy several months ago and has a 600 credit score. His gross income is 4.6 times rent, but he has some after tax deductions (including bankruptcy payments he just...