Melanie Campbell
Funding 4 Flipping scam, anybody else?
Ugg, got taken by a total scam, feel like an idiot. They advertise as funding 4 flipping, also WCAP financial and Seed Capitol. they promised to help me establish a business line of credit. All they did was open a cou...
Nick Furlough
Need a Solution
I need to get $135k out of this property to break even. My buyers can only get approved for $127k. They are willing to pay the $135k just have no means to do so. They have tried to gift, borrow, up the mortage and not...
Liam Morris
First Flip - Borrowing Questions
Planning to do our first flip in the next couple weeks. Taking an unsecured loan from the bank, savings, and borrowing money from 1-2 friends. What advice do you have for making sure the friends’ investments are secur...
Mike Cowper
Private Investor Interested in Loan with 7.5% Interest, no lien. How to structure paperwork?
Kind of what the title says - I have a private investor who is interested in issuing a loan for 12 months with a simple interest rate of 7.5%. How would I structure the paperwork so it is legal and binding? The invest...
Dorian Wood
Using a pesonal loan for down payment
I'm short on cash but have good credit and income. I am considering getting a personal loan to help fund my first deal. Has anyone had any experience with using a personal loan to fund their first real estate property...
Casey Johnson
Building my Own House, then using BRRRR
Good afternoon! I am new to real estate investing, but are ready to dive in. I am putting together a business plan to BRRRR at a professional scale. To put this in context, I own a construction, renovation company. We...
Tom Nagy
Stay away from RAD Diversified
This company is a complete real estate and investment ponzi scheme. Run by Dutch Mendenhall and Amy Vaughn, they solicit hard money loans (which they do not pay back) and joint venture real estate deals which they al...
David Mitro
Fannie Mae- 90 Day Rule
I made an offer on a Fannie Mae property via Homepath earlier this week and I heard back on Friday that my offer was accepted for $101,500. I am borrowing around $150,000 from a relative's IRA to fix and flip it. They...
Lance Lvovsky
Good Questions to Ask Community Banks?
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 ...
Jesse Houser
Private Lending - Note
Hi all,I'm looking for a little help in how to structure a private note. Another investor and I are partnering on a flip and slipping the profits 50/50. My side of the funding is coming from my dad, who I will be spli...