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Results (3564)
Steve Chan Raising money for a syndication
20 June 2020 | 9 replies

I’m looking to educate myself on working with a money raiser, from a sponsor’s perspective. How are these arrangements typically structured and what are some good educational resources?

Dina C. Are gift funds allowed when purchasing a second house?
26 December 2020 | 4 replies

I bought a house for $300K in cash 6 months ago that I want to use as a vacation house. My domestic partner gave me $60K as a "gift" and I am adding him to the title. I want to get a 30-year mortgage now and pull my c...

Shafi Noss How do Lenders and GSEs Make Money Selling Mortgages
18 December 2019 | 1 reply

Hi everyone, I'm trying to get a better understanding of the mortgage system and all the players in it. To my understanding, a lender issues a mortgage to a homebuyer. They give the buyer a sum of money and receive a ...

Sacha Ferrandi What are Hard Money Loans?
14 August 2015 | 0 replies

Private money or hard money loans are loans secured by real estate that are often funded by private parties and are typically offered at higher interest rates than those offered by an FDIC-insured bank. A traditional...

Benjamin E. Loan officers/underwriters/attorneys? Please help - LO screwed up
19 November 2017 | 13 replies

Any underwriters, or loan officers or attorneys that can chime in?Please help - need some expert advice. I am three months in to looking at properties, finding one, negotiating the deal, getting under contract, cleari...

Pedro Urena private money, how to best setup the transaction
1 April 2018 | 5 replies

My wife and I are about to close on our first property a 2 family in NYC and I'm already thinking as to how to get the next house. We have a family member that can loan us money at less than 3% the problem is that the...

Dhruv Anand How to partner with friends/family as LP in a Syndication Deal?
25 April 2019 | 8 replies

Hi Team,I searched several keywords across BP and couldn't find an answer to these questions.I have several friends and family members who want to invest along with me as an LP in Syndication Deals.1) How should I str...

Samantha Klein Loan or gift for reserve requirements?
30 October 2016 | 4 replies

Let's say an investor is buying a 4 plex for 150k putting 25% down and needs to have 20k in liquid reserves per the bank, if you were short say 10k, can you borrow 10k for the remaining or is that not allowed? I know ...

Joshua Hollandsworth Can I used gifted funds for my next buy-and-hold?
21 December 2017 | 4 replies

For the first time, I have found an investor willing to help fund my next deal. I am so excited! However, I have no idea how to properly borrow these funds, and I want it to work out great for both parties.

Here is ...

Raju Balakrishnan Navigating the Fannie Mae's HomeStyle Renovation Loan: A Personal Jorney
29 January 2024 | 2 replies

Introduction
When it comes to home renovations, the financial aspect can often be the most challenging hurdle. In my quest to find a solution for my own home improvement project, I stumbled upon Fannie Mae's HomeStyl...