Does anyone use a mortgage broker they'd recommend, when loaning out their own funds for short term/transactional loans?
What fee or percentage is customary for the m.broker who handles the marketing to locate borrow...
Hey BPer’s So I’m curious what a private lender deal looks like from the lenders end? If I was to lend 50k to an investor that’s buying distressed properties and flipping them and cherry picking the best deals for his...
hi, i was wondering what you guys think.i was looking around since i am about to renew leases with several of my tenants, andi am always looking for new stuff.. and i came across 2 different types of documents, 1) is...
Hi BP family. I’m a new investor and have found a potential property that looks pretty good on paper. The problem is the property is under water but the owners bank doesn’t seem to want to do a short sale. Has anyon...
Let’s assume you want to invest into a Note secured by a 1st trust deed on a property.The current title is jointly owned by husband and wife, but the borrower on the Note is only husband.Are there any legal dangers if...
I have a HELOC on my personal residence that I'm currently in the process of remodeling. I have good equity in the house so I pulled out a HELOC to help with the remodel expenses. Over the last year the interest rate ...
http://www.nypost.com/p/news/local/judge_kos_mortgage_to_slap_bank_28ZS1oW8Y58z6gu1AQbWMI
What happens if you're the buyer of a sub to deal and the person with the financing in their name dies?
Hello everyone.
I wanted to start my first flip and I’m seeking some lender as I can’t raise private money then the only option I seem to have right now is finding hard money lender. Now it’s a very basic question. ...
What is the smallest amount of gap/renovation funds for which you would seek private money? I suspect that there is a break-point at which it makes more sense to just fund the gap yourself. Typically the commercial b...