Michael Potorti
Lender Verification - RR Finance and Real Estate
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...
Don Konipol
Difference Between a Hard Money Loan and a Private Mortgage Loan
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...
Kenny Szymanski
Private mortgage/ rental property
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...
Matt Geerts
Securities soliciting, private mortgage
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...
Andrew Alexander
Private Mortgage Lending Brochure
I'm trying to construct a brochure or flier to present to potential private lenders. Does anyone have any examples of ones that they have used? I know there are certain guidelines I have to stick, for example not us...
Jeremiah O
Refinance existing private mortgage
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, ...
Lathea Morris
Private Mortgage Note Investments
My name is Lathea Morris and I am located in Montclair, NJ. I represent several corporate investors who invest in real estate notes.
William Tews
Private mortgage lending questions
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...
J S.
Refinancing Private Mortgage Procedure
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...
Michael Blum
International Private Mortgage Funding
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...