Does anyone have any experience or recommendations for non recourse lenders that will cross collateralize loans for properties in a retirement account? I have several clients that have a lot of equity in homes they pu...
Hi,I have received an offer from BHG Financial for a loan of $155K with around a 15% interest rate to be paid back over 10 years. This would not be reported to my personal credit and I am looking at using the funds to...
On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:
Original "Motivatio...
If so what are some good sources for financing the paper?
I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased. I'm reading an application that sounds as if my personal assets would back the loan. That even ...
Hey everyone. So I got approved for an EIDL in excess of 25k. I know that over this amount requires them to take collateral, the details of which are very obscure. My concern is if I sell any property as a result of m...
Hello BiggerPockets,
I'd like to open a discussion on an unconventional approach to real estate investment: utilizing unsecured term loans instead of the traditional route of mortgages. This strategy might sound unor...
Hello BP!Been thinking about taking on a personal loan of 50-70k for purchasing power in my Midwest market, the loan would just be for down payments and closing costs on sub 85k SFH / Duplex properties. Any thoughts o...
House was severely fire damaged and subsequently deemed uninhabitable and demo'd by the city along with the solar panels. In addition, the lessee of record is deceased. Death certificate was already sent some time bac...
Hello again BG Bloggers! (I posted this earlier in another forum on accident!)
I am looking for anyone who has experience or a potential POC for someone who may know or has used cross-collateralization to negotiate a...