Ducote Kiernan
Using home equity as a down payment.
I own my home free and clear and I have a real estate deal that looks really promising. I wanted to know if I could use the equity in my home as collateral for the down payment? I don’t mean a HELOC or a home equity l...
Emerald McGinnis
Need Advice about potential investor
A mentor of mine offered to take 2 of his single family homes and out them in a "new company". His properties are paid off. My husband and I could also contribute a property to the new company and using those properti...
Steven J.
Line of Credit on something you have under contract.
I've been having a discussion with another @David Battle about tax delinquent lists and land investing using the strategy of @Seth Williams. I was curious, say I get a piece of land under contract for 30 cents on the ...
Mat Deveaney
Private Lending and How to Approach
Do I need a lawyer to set up private lending?
If I have someone who will lend me an amount do I just get a personal check?
What types of return percentages are the norm for private lending?
These might seem like du...
Jan H.
Partnering in a flip with multiple people in Bay Area
I would appreciate any insight or advice any experienced flipper can give me on this.My mortgage broker friend called me today with a potential opportunity to get in on a flip. Property is in Berkeley Hills, two story...
William Walker
Buying a portfolio of rental properties
I own a few SFH rental properties and have for years. Own my primary residence and have refinanced both so I’m familiar with the lending process/steps. I’ve been looking at local multi family properties which has led ...
Rod Mcdaniel
What can be use as collateral and leverage?
Ok guys, I need a little professional insight and guidance!
I’ve obtained a commitment to fund a project from lender A (65%). Can I use the LOC as leverage or collateral to secure additional funding from lender B (...
Dan Barman
Borrowing Against an IRA???
I've been hearing some murmurs lately about people using their IRAs as collateral (?) to "borrow" funds to use for down payments / rehab financing for real estate projects. A family member of mine passed away a few ye...
Donald Cooley
Commercial vs conventional loans
What are the differences in qualifying and getting a commercial loan rather than a conventional loan? I'd like to see how difficult it would be to get one in order to get into some larger multi family properties. Any ...
Tyler D.
Creative financing a new fourplex
I'm looking to buy a Fourplex, but potentially running into issues on getting a loan, and would like your advice.
The majority of my income is non taxable, and the banks I have talked to have said that they will not ...