Raj G.
Need help with below clause in private lending agreement in NJ.
What are pros and cons of below clause in private lending agreement from Lender's point of view.I never saw such clause before. Thanks10 new Development LLC, A new jersey limited liability company.
This certifies tha...
Richard Mann
Convential Loan After Rehab
Scenario: Hard money loan on a buy and hold property. Rehab and then refinance at 70% of the appraised value.
Will the average bank loan 70% of the appraised value without any money down on the refinance?
...
Renata McCulloch
Investing with Groundfloor using my SDIRA
I have been looking at the company Groundfloor as a way to start investing in real estate. They are a hard money lender with investors who can put in as little as $100.00. I plan on investing more. I also have a SD...
Isaac Ramirez
Private Lender Verification
Hello BP Members,
Has anyone worked with Colquitt-LLC? https://colquitt-llc.com/
It is a private lending company that does real estate transactions. Thoughts on working with this entity?
Thanks!
- Isaac Ramirez
Lakeesha Romero
Need help title company!
Hi, my name is lakeesha! I'm a new investor in the Albuquerque area. I am having a real hard time finding title companies that does double closing and assignments. If anyone can give me any advice on how to find th...
Sean Bramble
Anyone done a "Morby Method" deal? Zero down creative strategy
Heard about this on Pace Morby's Youtube channel - it's a zero down creative strategy that works when 1) the seller is open to seller finance, but 2) needs a sizeable DP for various reasons (i.e., pay off their existi...
Account Closed
withroam.com – "Your new home, made affordable"
A friend of mine sent me this website recently, and told me to look into it.But as good as it sounds, I have been trying to find the caveat. It all sounds too good to be true, so I am wondering if anyone else has expl...
Padric Lynch
Do you have to have an LLC to use hard money?
Just spoke to a hard money lender. Among the documents he needs to vet my eligibility, he needs to see that I have a LLC because they will not lend to me personally. Is this typical?
Elaine Fawcett
Closing deadline - extending an auction close - xome
Posted this in another forum but no attention, thought I'd try here. I'm "backup bidder" on a xome auction. (Read: The bank bid against me and now wants me to checkout) I'm doing a 203k loan on an REO through this auc...
Tim M.
Private lending @ 10% in Oakland, CA - good or bad deal?
Hello BP- I'm a first-time investor in Oakland, CA. I'm in contract on a duplex that I plan to owner occupy. The building is in extreme disrepair and needs extensive work, foundation, full remodels on both units, new ...