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Results (2466)
Steve Endress How to Calculate Equity for Finding the Deal
24 January 2014 | 3 replies

Here's my situation:

I have been working with a commercial broker for the last two years to find a good MFP, found it, got my offer accepted at 1,365,000.

I have a good relationship with a bank, have th...

Jim J. Rules for Raising Private Funds for a Flip
22 July 2015 | 2 replies

Hi everyone,I was hoping you may be able to get me pointed in the right direction. I recently received a lead from a family friend on a house to buy and flip. The deal looks very attractive. I have discussed this oppo...

Account Closed How to properly vet a lender?
7 January 2017 | 4 replies

Hi all, I was just wondering how you guys vet hard money/private money lenders? Hopefully this does not offend anybody here, but alot of private/hard money lenders I've come across really give off a scammy vibe! How c...

Jason Farmer Is this a scam?
13 April 2014 | 9 replies

Hello my fellow BP members

I have been reaching out for a Hard Money Loan, i talked to several so called "lenders" and after speaking to so many its almost like i can predict the enitre conversation from the ...

Lupe Santiago Forms needed for Non-traditional Mortgage Origination
9 October 2012 | 5 replies

Hello! Kind of a simple question here so maybe someone can help me answer it. If a broker brings me a loan for an interest-only, short-term note that balloons, which forms does that broker need to provide to me, the o...

Ollisha Jones Friend behind in mortgage payments...I want to help...
17 October 2013 | 3 replies

im new in the real estate investment world and been in classes to learn investment strategies...in saying that I ran across a situation with a friend who is currently backed up in mortgage payments (about 4200 ) .....

John S Lewis Appraisals for Rental Property
4 November 2017 | 1 reply

Does anyone normally get a property appraisal before buying a rental?  If so, and the property has tenants, how would you go about coordinating this?  I may be really naive about this, as the only appraisals I've had ...

Ilya V. Suggestions for structuring a deal with a partner
7 April 2015 | 0 replies

Hi all,I am looking to purchase a first property together with my brother in law. Some of the simple financing deal structures that I have read involved something like 100% financing from one (or a group) of partners ...

Chuck Redman LOC with CD
13 March 2013 | 2 replies

I am looking to build a relationship with a small local bank in my area and am wondering if this would be beneficial?

I take $50k and put it into a CD and open a line of credit against it.
Do you think that would hel...

Guillam Landrum Getting Paid for a Third-Party Guarantee
17 February 2021 | 2 replies

I'm wondering if it's legal to compensate someone in return for their acting as a third-party guarantor on a home loan.  I've heard about such arrangements with corporations and commercial real estate deals, but third...