I am completely new to REI "NEWBIE" ALL THE WAY, so I have my concerns with a lending opportunity. I asked the developer how is he going to secure the loan so that I am guaranteed the return of my principle? I was tol...
Hello, I have a question on a possible deal........My HOA has taken record title of a unit and is going to sell via Auction. The HOA is not guaranteeing clear title, only a as is quit claim deed for cash sale. I did...
A family member has decided to sell his business overseas and invest
all his capital in real estate in the US. He is bringing $3M with him.He
would like to buy properties cash and rent them out. Each property he
...
Does this work?Find a vacant house and contact owners.They've been kicked out by the bank under power of sale.I feel that the house is worth 150k as-is, 10k in updates (not big repairs) could make it fit into the 190k...
I was looking at a property thats estimated value was 87000 but the asking price is $15000 for an auction. Does this mean that the auction is starting at $15000? I dont exactly know what value based bid is
I own several businesses. I sold one of them for $400K a couple of years ago, took half down and seller-financed the rest. The buyer made payments for a few months, ran the business into the ground, and stopped paying...
Hi,I was just trying to know what may be risks(hidden) involved with private lending on first lien.I hope there must be many experienced investors and lenders here...if you guys wants to share your experience..Thanks
I'm trying to help a friend walk through this and I have a good grasp of subject to but I'm assuming loan assumption is totally different. Any clarification on this one guys?
I have a loan question from a past client...(I am an agent).
They tell me today that someone approached them (a company from LA), that if they purposely not paying their mortgage for 3 months, the company can negotia...
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