Hello everyone,Some of you may have seen my posts about a month ago looking to get into a Duplex in a Condo Association that had questionable financials. Decided to not go that route, and instead partner with a few fr...
Hello,
I recently applied for a Line of Credit at a traditional bank to purchase another SFH rental. I currently have a SFH rental that's completely paid-off, and so I was going to use that as collateral on the LOC. ...
I'm wondering if anyone has secured a line of credit either through a bank or a private lender using cash as collateral. Is there a ratio that banks will lend on based on the amount of collateral? I understand that ...
I have a mixed use building with an fha loan that has at least 100k of equity. I have been trying to figure a way to use the equity for another investment property. But a heloc with a mixed use is impossible. Also do ...
Hi everyone! I would like to ask for a piece of advice if anyone has this experience.I have a studio room property in Tokyo Japan, free from any collateral, and I wonder if it can be an option to borrow money using th...
Hello BP! I’m Curious if hard money lenders have general requirements? Or, will that very from lender to lender ? I would love to hear about any interactions you all have had with hard money lenders and what I shoul...
If you use hard money for just a portion of a purchase or say the rehab costs would they use the entire property as collateral ? Or in general is there a way of minimizing your collateral to only what would be necessa...
I was wondering if you can use an IRA as collateral for a loan?
Hi! I am looking to raise capital from some family / friends for my real estate lending business. I am an unlicensed hard money lender (legal in my jurisdiction - no broker license needed for non-owner occupied) and h...
I just wanted to know that If I buy a property after bank loaning me money and then if again i need money for fixing it will the bank lend me again? and if they would then how?