Brian Garrett
Line of Credit based on Cash/Assets
I keep hearing about a LOC that gives you 5x your liquid cash and/or assets.For example if someone had $100k in their savings account they would have $500k of purchase power.Does anyone know anything about this progra...
Justin Chan
LOC or cross collateral loan on a mixed use property in RI
Is there a lender willing to do a Line of credit second position loan on a mixed use property in RI? Or a cross collateral loan on the same mixed use property located in RI to buy in Florida or Texas?
Jeff He
Flippers, hard money, and liens
When a flipper gets a loan from a hard money lender, does the lender put a lien on the property? If a flipper pays back the loan via the sale of the property, how does the collateral/lien work if the property is being...
Kiera W Stockton
Finding investors for a commercial building renovation/conversion
hello there! I am brand new to the REI world, and I’ve yet to make my first deal. I’ve been studying a few different programs and I’m confident in my ability to score a wholesale contract soon, but I have a family mem...
Scott Taylor
Custodian for RE Notes
How and where do you store your notes? Do you put it in a fire-proof safe or use a document custodian? I've talked to one company but they charge $70/mo which seems on the high side.Who do you recommend?
Nathan Frost
Home Flip No Money Down
Hi, its been awhile since I have ran the numbers on a flip and looked into one. How does one go about flipping a house again with no money down?Does the investor purchase the home at 70% the appraisal value or 70% th...
Pedro Padierna
Portfolio Lenders in San Antonio TX
Hi,
I have four properties in the San Antonio area, and I would like to buy a 5th using my portfolio as collateral. Any recommendations for portfolio lenders in the area?
Thank you...
Tommy Ray
Super leverage, long play, short term down market moment - played like a pro
Investment Info:
Large multi-family (5+ units) buy & hold investment in Clarksville.
Purchase price: $330,000
Cash invested: $1
Sale price: $820,000
This was a zero down deal. I did pledge a...
Frankie Betancourt
155,000 Loan On Property
Hello i bought a house for 75000$ and can get a loan on it for 155,000$ My question is hypothetically if i were to only get a 20,000 Loan From the 155,000$ loan and never pay it would they foreclose on my property an...
Wes Holmes
Hard Money Collatoral
I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased. I'm reading an application that sounds as if my personal assets would back the loan. That even ...