Adam Anderson
New Partnership Structure Advice
I have been investing in real estate on an off for more than 12 years and become much more active in the last year. A former co-worker as well as an acquaintance recently approached me about partnering up on some dea...
Bob Malecki
Question on short sale offer on note going to auction in a week
We have a first position note on a SFR in the Seattle area which is going to auction on 11/4. There is no subordinate debt or liens on the property and there is equity. The borrowers still occupy it and have it listed...
Ken Rishel
Is Seller Financing Doomed?
Lately we are hearing from a number of operators who are talking about throwing in the towel when it comes to their seller finance operations because of the ever increasing level of government regulations. The interes...
Ibrahim Hughes
What Happens When Lenders Pay Off Back (Property) Taxes?
Hi everyone. I'm pretty familiar with how tax liens and tax foreclosure works here in my state of New jersey. But one question I have that kind of baffles me is, what happens when a lender jumps in and pays off the de...
John Krasner
Fighting for competitive interest rates - low on seed capital
Is there any benefit to trying to leverage banks against each other for more competitive interest rates? What of local credit unions? Or are the interest rates, in general set by policy?
Nicole Bryan
Mortgage Broker Fee in Maryland - What's Legal?
Hi everyone!I have an agreement with a broker in Maryland to pay them 2% for a deal that I just closed. I however learned later that he had charged the lender 1.5%. I read somewhere that mortgage brokers cannot legall...
Ankur Patel
Credit Partnering
Hello All, I am relatively new to real estate and had a question related to Credit Partnering. I have been approached by a real estate investor (A friend whom I trust) who would like to structure a setup where he find...
Patrick Ellis
Private Money Lender
I answered an add to a party looking for a small loan saying they would pay back at 100% return on investment. I told the person I would like to meet up with them because I was really looking to partner with someone ...
Steven Segal
Lending - Attaching a mortgage - Illinois
I am doing a deal where I am lending 90K to a group. I am looking to attach a 30K mortgage to three investment properties they have with sufficient equity.Any idea on how much this would cost?They offered personal gua...
N/A N/A
Foreclosures are Everywhere!!
I was wonderin if it was possible to wholesale a property that is in foreclosure with a sale date and how someone would go about doing so?
This is a question that's been on my mind for a while. Any help is appreciated!