Jason Xue
Borrowing from Family/Friends
I'm considering borrowing money from my family to use for a portion of my down payment on a rental property. Any advice on how to navigate the conversation and also agreeing on terms?
Toni Husbands
Hard Money Lender Feedback: Certain Lending
Has anyone worked with CertainLending.com yet? I can't seem to find anything about them. Someone reached out to me on BiggerPockets directly. Would you try to work with a new-ish hard money lending firm?
Ilya G.
Using cross-collateralization as a method of down payment
Hello,I have several SFRs that have lots of equity in them and I wondering if anyone used a method of cross-collateralization to pledge the equity as collateral, thus avoiding doing a cash-out refinance or HELOC. It s...
Mitch Kronowit
Pooling investors money for a cash purchase.
There was a topic on this about 2 years ago, but I wanted to update it with my own information. Plus, I think it's a very useful and relevant discussion for other investors out there, considering especially the curren...
Jon Pool
Is this usury in Colorado?
For the sake of clarity, I am using simplified round figures...
I took out a six-month hard money loan to improve a property I already owned in my personal name (paid cash) for $100,000 nominally, with 5 points orig...
Jack D.
Borrowing in a Self Directed IRA
Hello all. Curious if anyone can share experiences with borrowing in a Self Directed IRA with a non recourse loan? I am in CT and learning all I can about investing in a SD IRA and would love to hear if anyone could ...
Josh M.
STR - Money Partner, how would you structure the deal?
Situation: I'm a first time STR buyer. This would be my first RE investment. I have a person who will pay the down payment on an STR. Goal: To own the property and exit the money partner from the deal once they'v...
Richard Z.
How to write this private lending agreement?
Hi All,
I'm newbie here not sure if this is the right board to ask this question.
I planned to do the rehab business(buy from truestee sale) for a while, but just short of cash, recently I'm lucky enough convinced a...
Luis Garcia
Foreclosure on my subject to and due on sale property
Hello,I purchased a property with a grant deed on a subject to arrangement. Paid 25K. Current Value: 130K. Previous seller defaulted on a 100K note that had not been collected on since 2011. Bank of America now is com...
Jesse Hargrove
notes
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.