Ruchit Patel
Equity Rich Cash Poor! Need HELP~
Hello,
I know two retired families in my group, sitting on $3M+ real estate, free & clear. They living in it. Very humble, hardworking, blue-collar family and they happen to grow up in a part of California that i...
Brad B.
Interest Rate Question
So this isn't really a REI related question, but more of a general investment question. I'm open to anyone's thoughts, ideas, or advice.
I am in the process of doing a loan for approximately $65k. It will be paid b...
Mark I.
Are there lenders with super low minimum borrowing amounts? <$20k
I can find private and HML sources all day long but the issue I consistently run into is the minimum loan amounts exceed what is needed and the value or purchase price of the properties.Does anyone know of lenders tha...
William A.
Loan Terms and Cash Flow
The strategy I am thinking about implementing is to buy rental properties, and then utilize the cash flow to buy additional properties. Is there any reason I would want any other loan term rather than a 30 year fi...
Aaron Fine
Lending to flipper for construction w/o collateral
I’ve done a few deals with a flipper in my area and all have went well. The new project is a knockdown and new construction build. The issue with our loan would be that there is no collateral since our loan amount wou...
Connie Dai
How to compensate personal guarantor in a syndication transaction
Would like to learn how a personal guarantor is compensated for taking the risk. Sponsor just purchased a land to build an apartment. Sponsor is in the process of set up an LLC with multiple members put in equity mone...
Greg Grant
Financing gameplan for a personal mortgage (stats inside)
So my wife and I have decided it's time to upgrade our personal home. And I want to see what kind of options we have in regards to getting a mortgage (haven't applied for one in 20+ years)We currently live in a Townh...
Jay G.
How to pay expenses / renovate home owned by self directed IRA?
... if the IRA runs out of funds to cover those expenses or pay for required repairs, etc. Example:IRA starting: $200,000Purchase property: $180,000IRA remaining: $20,000Repairs needed before being able to rent/lease ...
Khizer Husain
Seller Carry 2nd position
I am doing some commercial deals and the seller will be carrying about 5% in 2nd position, is there any risk by not telling the bank or lender about this? Some lenders have various rules and it complicates deals. I am...
Steve Uhlig
Land Trust Questions
Hello Pennsylvania Investors,My question today is regarding the use of land trusts in Pennsylvania to hold title to residential real estate. Is it better practice to first deed the property into your personal name an...