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I originally posted this in the Lending forum, but after reviewing, I believe it is more appropriate in this space.I own a bare parcel of commercial property in Montana that is unencumbered. I have a buyer that would ...
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Hello! I am slowing funding my Self Directed IRA, and have a small amount of cash available. Has anyone experience Peer Lending? Might this be a good way to get that cash to work?
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There seem to be hundreds of creative ways to get into an investment property, but I have a question for lenders about using mostly borrowed money for the down payment. Is this really possible? Let's say I've only g...
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I am selling a condo and the appraisal came in $8000 short. My realtor was suggesting that we drop the price to the appraised value, but I feel like that is leaving money on the table.I am considering offering seller...
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I'm always trying to think of new and creative financing options. One has just occurred to me, and I'm curious if anyone is doing it.Using credit cards for financing can be expensive, even when going through a service...
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What is involved in LOC underwriting? Is it as intense and detailed as actual mortgage. Last investor mortgage I had the underwriting went on for about 6 days.. (4 business days) I am getting personal loan from anot...
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Hello,
Does anyone have a template for a contract between a private lender and a real estate investor? Something that settles agreed upon lending rates, payment schedule and default follow up options.
Any thoughts wou...
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What are some of the creative ways you finance deals? Of course, there are so many ways to structure financing depending on the specific situation. It would be great to share some creative methods that have been advan...
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
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So I am considering in emailing community banks and asking around about what kind of loans they may offer and what is the "typical" criteria for qualifying for these loans.I am a recent college grad, currently have 1 ...