Hey Everyone, Newbie here trying to get some clarity on "gator" lending. I know, it's the flavor of the day, but it at least got me to to perk up. That said, I'm either missing something or this is another snake oil s...
I have two partners that are interested in investing some cash to act as our own hard money fund for rehabs (to resell and hold). We own our investment company equally but their money is going to be a "side car" so t...
Greetings Pocketeers!
Has anyone had experience with this company and investing in their promissory notes. I am interested in investing in something a bit more passive as I am getting older and, while I love the rea...
So I have been driving myself nuts working on the duplex I "house hacked" before I knew it had a name. New kitchen, dealing with tenants schedule, changing the new stove from gas to propane, ect. I owe $150k. The most...
Why do the interest rates charged on hard money loans vary so greatly from one State to another? Borrowers ask me this question all the time. For example, in California rates charged on hard money loans start as low a...
Let's start by saying I am a newbie when it comes to not buying or selling. I am trying to get a feeling for what makes a good deal or a bad deal and the different strategies when buying a non preforming note. I'm loo...
Here's my situation. I'm 40 years old. I have 4 rental properties. 1 has about 50% equity. The other 3 have around 30% equity.I have about $800,000 in my 401k.I have about $200,000 in cash.The 4 properties are on ...
Hi everyone,Here's a question that I have. 5 years ago, a bought a ramshackle place (that was rehabbed) for total price of 99K in Denver. I'm now getting $1250 a month rent through Section 8.I'm getting some comps on ...
I went to a meeting two nights ago and heard a pitch for startup money. The basics of it were if you have a credit score of 680 or higher you can get up to $150,000 for a 10% flat fee up front and 0% interest for the ...
So I need some help with understanding assignment of mortgage. Why would I see assignment of mortgage being past around like a hot potato? Should I worry about bidding on this house? Plus I see on the doc adjustable r...