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Hi there, I grew up with my parents being in so much debt. They started with nothing in a 3rd world country so they had to borrow money to finance all their businesses. I saw how much stress they were in and told myse...
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I have the opportunity to buy a multi off market. I would have to use basically all my equity out of another multi to pay for down payment and rehab costs. This equity line of credit is good for 10 years but I would w...
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Hi BP,I have this idea but I am not sure if it is possible or require any license or not. Let say that the current mortgage rate right now is 4%. If I have a group of friends that are willing to lend me their money in...
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Hi guys, I am looking at buying a couple of buy and hold rental single unit properties with all cash. With that, I want to use mostly family and friends cash. If i were to borrow 80% of it with terms of 9 months, beca...
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If ficos and income are not the issue, what do they look at in a borrower?I'm looking into taking this route in hopes I can get a loan. My situation, My middle score is about 610. My business income(RE commissions, et...
So I purchased my first investment property and I want to purchase another one with in one year. I am looking for various/creative ways to come up with money for the next down payment. Anyone have any ideas?
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Helllo there and thank you for all that reply and give me advice very appreciated thanks Warren buffet said it is a good time to borrow money right now. I’m looking to buy my first multi family property to start my RE...
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Hello everyoneI own a hotel in Costa rica and would like to borrow money to build a bigger better hotel. I am willing to put my property in collateral. Can anyone lead me to company or private lenders that would finan...
Hello I’m a 15 year old that is in love with real estate. I know the basics of the real estate market but the word refinance confuses me. I would highly appreciate if someone explain refinancing for dummies. Thanks!!
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Good morning,
I currently own 2 properties and looking to acquire a 3rd property. I am struggling to understand private lending and the way banks see this. My lender has told me that the only way I can borrow money ...