Trevor DeSimone
Promissory Note Written to Investment Group
Investment Info:
Single-family residence private money loan investment in Garden City.
Cash invested: $52,000
This is the second time I've acted as a PML; the connection was made on Facebook of all place...
Himanish Gupta
Can someone tell if this is private money is legit or not?
Here is a private money lender who approached me at a very cheap interest rate, Can someone tell me if it is legit or not?
https://clearedfundsllc.online/#
Martin Sterling
Bankruptcies and Notes
How do Chapter 13 or Chapter 7 effect a note you have purchased or about to purchase? What are the opportunities and procedures necessary to take advantage?Thanks in Advance
Cale Delaney
How to do due diligence with private lending offer
I had an opportunity come my way with a couple fellow real estate investors are refinancing a short term rental property and the appraisal came in a bit low and they are looking for gap funding and are offering 15% in...
Michael Spindler
Signature Loan for the Down, 30 yr fixed, then Refi?
Hello BP,
Regarding the use of a signature loan for a 20% down (acquired 3 months prior to mortgage application). How long do you need to wait to refi to get the money out to pay off the signature loan?
This is ass...
Melanie Tucker
Madame Proprietor Melanie from Maine
You know how some people say that a person walks in the room, their eyes lock, and they immediately know that that's "the one"?Well, that never happens with me with romantic partners. But it DOES happen with real es...
Wendell De Guzman
Paid House Off in 3 Years...Any Other Creative Financing?
If you guys and gals of BP have not read this yet, you should...@Dawn Anastasi has used a creative financing source (Peer to Peer lending called Prosper) to buy a house and then she was able to pay it off in 3 years. ...
Marc Dufour
Using Equity Line of Credit for more REI?
Here is my situation:
I live in northern CA. I own 3 properties and live in 1 of them.
Property 1: value $1.1M, debt = $700K
Property 2: value $750K, debt = $400K
Property 3: value $500K, de...
Bob Flynn
Nonperforming Second Note Purchase with BK
I've made an indicative bid on a second mortgage that is nonperforming. The first appears to be performing. The combined loan to value is probably about 80% so there is equity here. I've reviewed the borrower's cred...
Rafael Perez
Financing for our first deal
I recently got connected with another new real estate investor here in Omaha and are running into some trouble. We have an agent working with us to find us deals but we are stuck on how to fund the deal. We got connec...