Hi! Not sure if this is the right spot to put it. But say you have a company loan on the books. You go to pay off loan BUT you pay it from your personal account. Ideally you xfer to the company and pay direct. The...
I would like to take a loan from a family member, and wonder what documentation I would need. I am planning on having them be the lienholder on the property, with a fixed interest rate and no payments until I sell ...
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I am curious how financing works for using a new LLC to purchase property. I have a great credit score personally, and also own a construction company with several million in yearly revenue.My question is will lenders...
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How can you tell if a Private lender is legit...so many scammers out hear, and should you pay origination fees? Need help in finding hard money or private lenders
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I have a contract on my home with the buyer putting 25% down. It is currently in escrow with my real estate lawyer. I have an equity loan on the home at 75% of the appraised value of the home. Yesterday I was pr...
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HelloUp to this point I've used local small banks for commercial loans. These are always recourse. I am also aware of Fannie Mae and Freddie Mac loans which have favorable terms including being non recourse but accord...
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Hey Guys, As you may know conventional financing seems to be the way people typically start buying properties. I was hoping some of you kind folks would have some other suggestions. I am wanting to treat investing as ...
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For the first four properties that I purchased, the loan officers sent me "initial disclosures" which clearly stated the interest rate expected closing, expected monthly payment etc. I'm currently under contract with ...
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My business partner and I purchased a 4 plex property in Grand Rapids Michigan. we had a friend of the family finance the purchase with a 2 year loan at 8% interest. The property is a complete gut/remodel. We are s...
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Hi all! Seeking for a loan servicing company for our land contracts. Any recommendations will be greatly appreciated.