Hello,Say a buyer buys the home with seller finance making it the primary loan and he gets another second loan for the down payment is there way where if the buyer cannot pay the loan the person who lets him borrow f...
When doing a Contract for Deed, how do you protect yourself, as well as anyone you place in the home?How do you prevent the Do On Sale clause from being exercised?I see many people promote doing deals in a creative wa...
Hey! How do I go about choosing which lender to go with when it comes to real estate investing? Buy and hold BRRR is the strategy I am going with. I have $10k saved up at the moment and I have good credit.
So people always say go to REI meetings, meet people and talk to them. I am doing that, however how do you approach a private investor? What do you say? Hey I'm a newbie can you fund my project (when I get one)? Being...
I decided to go with my agent's "recommended" lender and didn't think anything of it as the numbers seemed within reason. I get an email about 1 week ago (3 weeks from closing) from a large bank asking if I needed a q...
Say worst comes to worst and - in order to fix the root-clogged pipes beneath my rental's bathroom - the entire floor has to be pulled up. Either the bathroom or the laundry room (whichever gives better access to t...
Hello,Has anyone had a good experience lending from their IRA to a hard money guy who then lends it out to local flippers. Ive been approached by several people who do this but I've never pulled the trigger even thoug...
I have a friend (Potential Private Money Investor) who owns a house free and clear with BAD credit. How can we get cash out of the situation. I was thinking less money than more, however, if it can be done, and its a ...
Curious how the financial arrangement is made if someone, for example, buys a duplex with investor #2 but only investor #1 lives in one of the units. Assuming both investors fronted equal amounts for down payment, clo...
What’s a Wrap-Around Mortgage Loan?
A wrap-around agreement is a type of secondary mortgage financing and involves the buyer paying the seller directly for a residential property — often at a higher interest rate t...