Jerry Poon
Mortgage from Private Lender or Regular Bank?
I am seeking a loan, and I have a few options between a private lender and a regular bank. The terms are similar. What are the pros and cons of each?Will the private loan show up on my credit?And lastly, what are the ...
Kyle Plants
Financing question private lender to homeowners mortgage
I’m sure I’m not the first to think of this idea but I haven’t heard of anyone discuss it. My plan together started in my buy n hold venture Is to gey a prIvate loan from a famIly member for tge coast of the house plu...
Account Closed
Lender Changed the Borrowers Name on Mortgage
Back in 1995 or so I informally assumed a mortgage. By "informally" I mean "subject to". The property was deeded to me and I started paying the mortgage. I got insurance consistent with the deed, and named the lend...
Rick S.
Capella Mortgage hard money lender in LV
I'm thinking of investing in some notes with Capella Mortgage. I know they've been around for quite a while, and I'm wondering if anyone would be willing to share their experiences they have had dealing with them, eit...
Lynne MacFarlane
What counts as a lender’s appraisal?
We are in escrow and we paid our mortgage lender for an appraisal but the appraisal had no analysis, only photos, this doesn’t offer any information, only a subjective visual report, correct? The mortgage lender said ...
Jason Roberts
Volume rehab deals
Our issue is we have more money than deals. Anybody have deals they'd like a funding partner in?
Robert Adams
Nevada HOA liens do not supersede first mortgages
I know there has been a lot of discussion about the HOA foreclosures in NV since the 2014 ruling. I received this update on this issue from one of our hard money lenders today and thought I would share it with the BP ...
Jim Stout
Form LOI for Mortgage Lending
Anyone have a form LOI for mortgage lending they can share? I'm looking to lend on a deal, and they don't have an LOI outlining the terms of the deal that can be signed before money is wired to the closing agents esc...
Andy Kam
Out of State Mortgage Lending
Hello All, I've been reading so many great posts here. Thank you for the insightful knowledge. This is my first post here. I'm looking to purchase an investment property in New York. I currently live in CA. Is it...
Jeremy Gengenbach
Mortgage lending recommendations in Houston
Hello BP Team,We are planning to cash out refinance this month and I am looking for a little advice. I have a lender that I have built a trusting relationship with at Prime Lending, but one of my wife's requirements t...