I purchased a set of apartments and took a loan out on my house to pay for them. Is that going to work just like I took out a loan on the apartments them selves? The apartments are payed for. I just got a better in...
I have a private money deal that's collateralized by a 21,000-acre piece of land in Mexico that's free and clear. Despite the collateral though, I'm having a hard time finding an investor who'll invest. One person I t...
Is it possible to lend out of my self directed IRA through a NOTE to someone starting a business. There would be no real estate involved.
I have a 1 year old LLC company active, especifically buying, fixing and selling properties. We started our first fix & flip in may 2016 and ever since have managed to sell this first one, and bought, fixed and so...
I have a private loan, 15%, on one of my homes that was cross collateralize with another home. This was supposed to be a short term, organize and get out. I am trying to refinance into a lower rate/term and I am havin...
Does anybody know of a good read to better understand cross-collateralization and blanket mortgages?
I get the basic idea of offering more than one property as collateral for a loan, and have actually done a loan wit...
Hi, its been awhile since I have ran the numbers on a flip and looked into one. How does one go about flipping a house again with no money down?Does the investor purchase the home at 70% the appraisal value or 70% th...
I have 10 houses and 10 loans under my name most of them were bought this and last year. Most of them have 30-40% equity. I have spent 10k to 15k into 4 houses to do some improvement. Now I am out of money. I alrea...
Hello,
Background:
-I own a duplex in Florida that I purchased for 65k cash, so the property is free and clear. I have owned it for 6 months in the name of my LLC.
-I am thinking down the road about slowly adding m...
Property Value: 375kRehab: 125kARV: 625kMy partner and I currently own an investment property outright in our LLC and I am looking for ways to finance the rehab. I have the cash to be able to cover the rehab but would...