My friend told me today that he is moving to my area. He is buying it from an investor owner financed @ 10% interest for $108k. The investor purchased the home for $80k and put another 10k into it "supposedly". He is ...
AHM and ABC Conduit hit skid row today---press release and commentary to follow:
Press Release:
[b]American Home Mortgage Investment Corp. Provides Update on Liquidity
MELVILLE, N.Y.--(BUSINESS WIRE)--July 31, 200...
Hello,we have the opportunity to buy a relatively new home that would make a great rental through a subject-to transaction / wrap. The underlying note is a USDA loan at 3% interested.The interesting part is that there...
On your first deal that you need traditional leverage, did you all have to personally guarantee the loan? It seems like most every bank I talk to wants me to personally guarantee the loan, since the LLC is new with no...
I live in Las Vegas & own a rental with a 55K hard money loan. I want to do a Refi Cash Out to a conventional loan which I can payoff overtime. Any advise or recommendations?
Hi all,I'm working on my acquisition and financing model for my new Houston area based rental properties portfolio. The plan is to purchase the properties with private or hard money, rehab and refinance out of the ini...
I am looking at trust deed investing through companies like The Norris Group (in CA) and Arixa Capital (also in CA). Anyone here already doing this with them or through other reputable companies and what has been your...
We put an offer on a fixer upper and will be using FHA financing to purchase it. The counter offer was much higher than anticipated with a note saying that they will have to fix any FHA required repairs. I don't reall...
Well, I would like to invest in a commercial project. How do I get started? Are there companies that take money from individual investors and share some % of rent or profits?
How do I go about finding such companies...
Is Royal Sterling Investments a reputable private lender?