I recently closed on my first rental property. I used Roofstock. I had set up a number of baseline searches in a few markets that I was interested in. Whenever one that fit my general criteria came up, I would drill i...

I have identified a property that would be perfect for assisted living or nursing home. The problem is I don't want to run that type of business. If I developed the property for this use are there companies that come ...

So I decided to sell my luxury car in order to free up more capital for real estate deals.I couldn't justify having a lot of cash tied up in an expensive vehicle anymore knowing I could be investing that money.I curre...

So I have a car loan with about 4 years left. The interest rate is at 24%. I have been building my credit up and I'm around 700 now but when I tried for a refi i was denied. Should I pay off my car loan first before I...

I am currently 20 years old and I live in Central Oklahoma with no money or income to invest. I work at a sandwich shop and make $400/Month. I have no credit and all of my income is allocated towards my bills as I am ...

I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...

Hello all,

A couple of days ago I saw a 2nd position note offered for sale with the following parameters:

Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...

For you "private lenders" what mistakes have you made? I'm wondering if private lenders are 1. willing to disclose mistakes and 2. what they did to correct it, if they did at all.

I just read about private lending, t...