Lisa Clouse
Funding money in a flip first time
Hi everyoneI have a opportunity to invest 5k with 12% return. This is my first deal and haven’t looked in this area as of yet as a option for investing. I don’t know all the info yet until I talk to him later today bu...
James Marszalek
PLOC Bank Referral Needed
Hello everyone! I've got a single family rental in Spokane that has positive cash flow. I'm interested in getting a Secured Line of Credit for about $1,200 to accelerate the mortgage so I can pull a HELOC later down t...
Darryl Binkley
Lender Credibility (Global Private Investment LLC)
I am a new REI and seem to be struggling getting that first deal done. Hard money is easier to get but this seem like a great opportunity for me to take advantage of. Has anyone used Global Private Investment LLC, Dav...
Jeb Brilliant
Is 2% monthly or 24% annual return to good for hard money lending?
So I was introduced to a guy offering 2% monthly return or 24% annually for a hard money loan. Is this to good to be true?This guy comes with good recommendations and isn't a slick talker. My BS radar didn't go off wh...
Chidi Osuji
Construction Loan
I recently bought an inhabitable investment property and we bought it knowing that it needs some brick work and tuckpointing that will cost $12,000 to complete. Rather than building up the $1500 net profits every mont...
Joshua Dorkin
Looking for 90/10 loan on Multi-Family
Hey all -
I've got someone looking for a 90/10 deal on a 4-family. What's out there??
Thanks,
Josh
Account Closed
How to Leverage "Cash-Heavy" Friends Looking to Invest
Long story short, how can I create a mutually beneficial partnership with friends who have cash ready to invest?I'm willing to provide the brains, time, labor, etc. of searching for an investment property and managing...
Joseph Shin
Low downpayment options
The united states seem to have the FHA loan (3.5% down I believe)Do we have something similar here in Canada?What conditions are there (first-time homebuyer)Looking to househack a duplex or triplex property in the cen...
Account Closed
Unsecured Note
Hi,
If the seller has agreed to carry an unsecured PM mortgage, how should you word that in the purchase agreement?
It won't be placing a lien on the property. Should I add a separate addendum for the ...
Taft Love
Unsecured line of credit - follow up
A week or so ago, I posted about my financial situation and asked a slew of questions. I thought it might make sense to follow up after visiting the bank.In the last post, I mentioned that Episode 239 gave me the idea...