Juan David Maldonado
No woman, No Cry, Using Property Owned As Colleterial
Hey, everyone. I own five acres of land that is paid off. Nothing is build on the land. The value around $20k according to the local tax office. Can I use it as colleterial for a loan to add to the down payment amount...
Robert Obniski
OPINIONS PLEASE!! Bank finance for duplexes
Hey Everyone.It's been a little while since I have made any posts on this site. Between moving, rehabbing, and getting married.. it's been a fun ride.What brings me back to the site is that i'm moving on to another ph...
Ace A.
Tighter Mortgage Rules Jan. 10, 2014
With tighter mortgage lending rules coming next year, what's everybody thoughts about this and are you doing anything to prepare for this?
Apparently, as of today, my broker told me that he was able to get so...
Maria T. Torres
Strategies for Finding, Evaluating, and Securing High-Return Opportunities
Please provide useful advice on locating, assessing, and negotiating private money lending deals, especially from seasoned professionals. I wanted to ask for some of the greatest advice you could provide me as a novice.
Min Liang
When do I pay back HELOC interest
When do I pay the interest for using HELOC ? As soon as I repay the amount I use? Or after the draw period?
Randy E.
Commercial Loan Expectations
A brief overview.40-year old S-Corp with a stable history and no past financial problems. Assets: $700K-$1M. Debts: Zero. Vast majority of assets are commercial, with less than 10% SFR. Clean, complete books and a...
Jesse C Vaughan
BRRRR and Purchase Loan
Hi folks! First post here so forgives the ignorance... I feel like I'm missing something about the purchase money loan in a BRRRR deal. Why is there a need to use cash or hard money at the time of purchase? Is a stand...
Account Closed
Philadelphia Landlord Working Capital Loans
Application and details at the link below. You can apply starting today at:http://www.impactservices.org/loan-fund/jumpstart-kensington-2/This is not a grant, full guarantees and repayments are required.
THE DETAILS:...
Ellis San Jose
Can you freeze a HELOC? Sub-2/Master lease w/ option acquisition
FACTS: SFHFMV $650kARV $700K1st $430k2nd $ 51k (HELOC max line is $350k)possible rent $3200-$3500mtg payments $2,800Seller is open to long term master lease or sub-2Deal is not suitable for a quick flip. Question: How...
Ryan Stogner
Hard Money Lender... When to pay?
Hello, new to BP. I have a question in regards to Hard Money Lending. When does loan repayment typically begin? I’m sure different lenders have different policies and contract terms, but is there a typical time frame ...