Sema Yavuz
Need help on CRE non performing note in OH
I am considering buying a 1st position non performing CRE note in OH. The receivership appointed by court and it is in place. Ohio foreclosure's goes through court and ends at sheriffs sale . Min bid starts at 2/3 ...
Bryan Freeman
trying to understand foreclosure process
I bought a tax deed on a vacant home recently, and I am currently waiting in the one-year redemption period.
After looking through some newspaper archives, I noticed the house has been posted in the legals about 8 ...
Craig Garrow
Where do you park your free cash?
Hey, everyone! I'm in the process of buying my second property, which would give me 5 apartments total. This would give me roughly $1000/month in cash flow between both properties. I want to keep about $10,000 in cash...
Kenny Simpson
Pre-payment penalty TRAP DSCR loans
Many new and experienced real estate investors will FALL into the pre-payment penalty TRAP and it might really bite them in the A$$ or cost them on future deals. Going through the last 2008 real estate crash many peo...
Torianne Baley
Letter of Intent with Loan Fee - Is this Legit
Is it normal to pay anything upfront besides a down payment on Private Money Lender financing deal
Does this look legitimate to you guys https://drive.google.com/file/d/1WXAqllCuZVMjkv6HjqLmv-gw3bmwPqr2/view?usp=driv...
Brant Richardson
Can I get more loans if some are Freddie and some are Fannie
A friend of mine said that I may be able to do a cash out refinance with more than four loans or get more than 10 loans if some are with Freddie and others are with Fannie? I have not heard of this before so I tho...
Brenda Whittaker
Now Here's a Good Question For Ya! PL Dark Side?
I hear there are a lot of private lending scams out there. Are there none beyond your own personal acquaintances that are reputable? Do they all charge application fees? What is the best way to check a prospective ...
Darnell Folk
COVID-19 & Hard Money
Hey guys!I was curious to know what actual or potential impact (if any) the current COVID-19 pandemic, Fed rate cuts, etc. would have on "hard money" lending and borrowing? Would love to hear you guys' thoughts.
Hunter Adams
Is this legal? 401k loan question...
Maybe this is a dumb question, but is it legal to borrow money from my 401k (tax free) with a low interest rate, then use that money to loan out as hard money for a higher percentage? It seems like it might produce a ...
Nick H.
Cash-Out Refi to pay off high interest debt?
Looking for some advice. I'd love to get into REI, however I feel like my high interest debt is weighing me down. I'm continuing to pay it off as much as possible but feeling stuck. Considering the COVID situation, lo...