Whether you are new to the note business or an experienced veteran, I would like to share with people some of my experiences and tasks needed to manage your servicerFirst and foremost think of your servicer as no more...
Hello fellow investors, agents, brokers, and lenders,I am looking for recommendations on reputable lenders in NC. Since I am self-employed, I will likely be looking at hard money lenders (HMLs), non-QM lenders (bank s...
Hi BP folks,
Did anyone ever try to use HELOC or home equity loan to finance their buy and hold properties? I am thinking about pulling out equity from my primary residence, I am wondering if this is kind of too aggr...
VASP opens up March 1st 2024, days away. I warned creative people not to touch VA loans. You might be in a bind now that the VA may make them whole.
I have a brand new LLC and I was hoping for some tips to build it up and earn credibility so it can stand on its own (in order to get a loan, etc). I also heard that it takes 2 years for this to happen; is that true?...
Very newbie question. I have a borrower who is a member of our local REIA, that needs $50,000. I want to make sure I understand the process of being a private lender. I have my lawyer draw up a mortgage and promissory...
The Lender Said: "A $850 payment covers borrower's credit check and basic administrative costs before a loan transfer will be initiated. This payment is to be made to the respective details provided in the paymen...
I'm interested in creative ways to fund a rental buy and hold BRRR strategy and came across this from Ground floor, any thoughts or experience?
https://blog.groundfloor.com/brrr-loans-what-they-are-and-how-they-can-b...
Hello BP family, I am currently working with a residential property owner who is about to enter foreclosure proceedings. I was initially thinking of a lease back option, but reading through some of the forums it seems...
Hi everyone, New to RE investing and I need all the advise for how, what, when and where of financing. Mortgage broker vs Lender. What to look for, what to ask? How to choose them? Do I pick only one or pick more ...