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Results (576)
Frank Celio understanding terms and conditions of private money lender
27 January 2016 | 7 replies

I am new in Real Estate and was approached by a money lender in a FB group page. He told me he could finance my first real estate deal at 4% on the loan. I liked the interest rate but I asked him what were his terms a...

Justin Bush Concerns about getting a HELOC!!! Not needed??
22 September 2015 | 12 replies

My wife and I are opening a HELOC on our current residence to have as backup for a property we are about to acquire. We should have the cash for down payment and rehabs but just wanted the money available for any unfo...

Sean McGovern Buying an urban townhouse, living, than leasing
24 August 2014 | 9 replies

Looking for some financial and practical advice on my investment idea.1. I have an income of $60,000 per year.2. I want to buy a three bedroom townhouse for $290,000, with a down payment of 10%.  I'm thinking an FHA l...

Julia Allred Private Money Lender
4 August 2017 | 2 replies

Hi everyone, I have been looking to establish relationships with money lenders. I am wondering if the terms sent to me by a private money lender are normal? I am copying and pasting them to this post to see if I can p...

Sandra Ruiz First Time Working With Notes
10 July 2013 | 15 replies

Hello Everyone,

I am a new investor and I have a client that wants to sell a hard money loan.

The current loan amount is $180,000 and it has 120 payments left. It is currently at 12% interest and she wants 8%. She a...

Vicki K. Short sale process
28 June 2015 | 12 replies

Neighbor down the street from me puts a "For Rent" sign in his yard. We look online - no MLS listing. Property up for rent by owner on Craigslist. I email the guy and ask him if he has considered selling his home. He ...

Dustin Sanders I've reached my Debt to Income Ratio - Help!
21 December 2021 | 20 replies

I've hit my 45% debt to income ratio with closing on my 3rd property. Besides partnering & increasing my W-2 income, how can I still scale my rental portfolio?

Mike Franco Who is crazy enough to rent to someone planning to file bankruptcy?
23 April 2013 | 16 replies

I got a call from a prospect who was upfront with me about her plans to file bankruptcy.

For landlords, this is just asking for punishment, isn't it.

I haven't met her yet, but she says she has enough to cover her r...

Michael G. Short sales require 60 day period between title closings in NY State?
20 April 2011 | 14 replies

Here's the challenge: I have a few cash buyers in place ready to go on 2 short sale deals in my pipeline.

Yesterday , my attorney says that she thinks there is going to be an issue with double closing on these as the...