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I have several deals I'm putting together with houses under contract that are below market and will cash flow when closed on.Doing Due Diligence and I wanted to see what experience you guys had with this lender. I app...
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The Difference Between a Hard Money Mortgage Loan and a Private Mortgage LoanSometimes used interchangeably, these two terms are not synonymous. A Hard Money Loan refers to a TYPE of loan, while a Private Mortgage Lo...
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Hey BP members,
Question? If you take out a private mortgage against a rental property does that mortgage show up when you apply for a mortgage will a lender?
I am in the middle of the mortgage process to buy a live i...
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Would it be considered "Soliciting securities" if I publicly advertise that I'm looking for someone to hold a mortgage on a house for me? I am not looking for someone to share in profit/loss as a capital investor, onl...
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What would be a fair fee and rate for a 5 month private mortgage. I'm situated in Toronto, Ontario.
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Hi,
We purchased a house 4 years ago and financed it with a private mortgage. The private mortgage is with a family member and was for 100% of the purchase price. We were looking at refinancing the loan with a bank, ...
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My name is Lathea Morris and I am located in Montclair, NJ. I represent several corporate investors who invest in real estate notes.
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Hello all my name is Ryan and I have a few questions that I've been unable to research answers on. I have found a foreclosure that I have fallen in love with. As with many foreclosure this property requires repair...
We financed the purchase of a home for our daughter. We are agreeable to refinancing the loan at a lower rate. The original mortgage was secured with a promissory note and a mortgage document filed with county. Can...
One of the most memorable moments With my grandfather was when he told me "business is all about how you buy." As a business man who built a furniture empire as well as having started a bank and was a pioneer in cable...