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Hi everyone I'm Tim Cannella and I'm currently am active duty Marine stationed in beautiful sunny San Diego. I joined when i was 18 and I am coming up on my ten year mark. 8 have some experience in data analysis and s...
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If I sell a property on a wrap, since the underlying loan is in my name, do I still get that interest deduction (on the underlying interest)?
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Costco shut down their mortgage lending services earlier this year without warning. It was conventional lenders providing their best rates but Costo capped their lender fees at $250 per loan, which was incredible. S...
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Hello, Did anyone have success with getting seller financing, having seller carry let's say 15% and have the bank allow seller to be in second position? From my research, most banks oppose that? Specifically in Illino...
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What key factors influence your decision to partner with a lender for private money in real estate? Are there specific qualities or terms you look for that make the relationship a good fit for your investment strategy?
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Newbie to real estate and BP. I just got out of the Navy and am moving back to the Maryland area. I'm currently researching criteria's, niches and etcetera as well as getting my life to a position where I can have the...
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Hi All, We're considering our first private loan and have calculated our costs based on an initial conversation with the investor. Our question is, from initial agreement through closing, what costs may we incur outsi...
Considering a personal loan to an individual for a real estate investment. The request is a loan with an interest of 12.5% paid annually x 2 years. After two years the initial loan amount is returned. Seems straight f...
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Hi! I was seeking some insight from CA based Loan Officers (specifically independent LO’s) regarding how you got started, your day to day, and compensation. I am currently W2’d working on a team for a mortgage company...
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Hi, I'm currently trying to start my real estate journey. I have a loan pre-approval and "some" money for a down payment (though my loan costs would be lower if I had more). I know having a mentor is good (accepting a...