I’m trying to make a decision on how to get started in buying the first investment deal. I have a $130k paid in full personal home and I’m nervous about putting my home at risk by leveraging it if I have a deal go wro...
If you use a hard money lender and they give you 85 to 90% funding where do you come up with the other 10 or 15% that is needed or how if you have no money to start off with
A developer I vetted has invited me to invest in his projects as a silent partner paying 6% interest with monthly payments.His projects are socially responsible, which is important to me.Is 6% a good rate? Someone in...
Sooo... most HML will tell you (it’s in my interest that your deal works out) which sounds good and fairly legitimate given that if the flip doesn’t sell after rehab they probably don’t get paid timely and have to jum...
If you’re a borrower looking for financing options for your investment property, your only options are to reach out to conventional institutions (banks), mortgage companies, and direct private money lenders.
However...
hi, what are the risks of doing a remote closing outside of the property condition? I'm most concerned about some contractual issue coming up, i.e. the title company signs the closing documents despite a title defect.
I'm curious if anyone has used their stock portfolio as collateral for hard money loans or leveraged their stocks in some other way to fund property purchases. I am also familiar with using 401k to fund business fina...
Hello Everyone,I am currently in the Denver Metro area and have one property that I am renting out and a primary residence. I just read David Greene's book Long-Distance Real Estate Investing. The book is great and I ...
So I recently found out that my parents are sitting on a relatively large amount of equity in their house, and they have no plans on HELOCing or otherwise using it. What are some options for me to leverage that equity...
I'm thinking about taking out a $25,000 P2P loan (Lending Club, Upststart, Prosper, etc) at 6.9% interest rate for 36 months, and then investing in a note fund with a pref return of 10% for 36 months. I've put it in ...