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As a NRA opening a C-Corp, I'm curious if my corporation would be able to obtain financing? Obviously it has no credit history, so would the bank run my credit instead? Is it advisable to assume the liability of the l...
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I have been working with an "experienced investor" stating he needed 200K before year end to "start the new year off right". The borrower was kind enough to provide me "comps" showing a value of over 200K for one of h...
You guessed it! The exit strategy!The exit strategy is a key determining factor for most hard money lenders on whether or not the loan is doable. The exit strategy must make sense.Consider the exit strategy and implor...
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Anyone targeting homeowners who can’t qualify for a refi? If so where do you get your data/leads and what success have you had?
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Maybe I just live in a bubble. Most of the people living inside the beltway are living a bubble anyway, and while I technically live outside the beltway, maybe I got sucked into it somehow. So tell me where I am wron...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $241,000
Cash invested: $20,000
I bought this house Seller Financing with 2.6% interest amortized over 30 years wit...
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Hello. I co-own a property in Kissimmee, Florida with my father in-law (50-50). We agreed for me to buy his share and so I'd like to remove his name from the title and mortgage so that everything is under just my na...
Hello, hoping somebody that is a little more familiar with the area could weigh in. I have the opportunity to invest (buy building with tenant) in one of two medical condo properties. Both have equivalent caliber tena...
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Hi everyone,I'm new to "Private Money Lending" and I have some ideas of information to collect from the borrower for it but I'd like to know what information you as experienced Private Money Lender collect. I apprecia...
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Please correct me if I am wrong. If everything is right, does that mean that I shouldn’t buy real estate when the market is high because there is a lot of credit in the market and when there is, sooner or later the de...