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Article by Joanne Scoratow
May the REAL lenders step forward please.
The number one question I get asked by a new mortgage broker is, are you a direct lender? This is an intrinsically important question that ...
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Has anyone successful obtained an unsecured business line of credit for an interest rate that is closer to single digits? If so, can you share both the financial institution you worked with and how you went about g...
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Hello Real estate Bigger pockets Forum Community, I am hear asking does anyone know about Transactional Funding, and how it works? I have been reading on it, what are the pit falls, or the things that could catch you ...
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What is your feedback on companies that claim to offer a product like this? The main funding option which most of our clients love funds up to $200K, No income verification needed, No collateral, and O% interest for 1...
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I have private money secured from two individuals, each loaning $100,000. The funds are disbursed via a LOC. Considering my rehabs will be funded by both LOCs, how do I come up with a POF to provide banks with my offe...
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Hi everyone. Here is my scenario. I purchased a SFH and have a total of $120k into the property using some personal funds and and hard money. The property appraised for $180k. I would like to refinance and pull 35-4...
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I am shopping for a duplex in Salt Lake City, as a first time purchase and house hack. My game plan has been to put 5% down with an FHA loan. However, I am having trouble finding any properties where the numbers work,...
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How can I use hard money for Foreclosure Auction?
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Looking for suggestions...so, relatively new investor here, we have about 6 units total. Our newest acquisition is our first to do with private money lenders. We had planned on using hard money to fund the rehab, but ...
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I recently purchased a small multi family property. 2 units were turn key and they are rented. 1 unit I am funding the rehab for and that is almost done.But there is a separate building with 2 unfinished 1Bd 1Ba apart...