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...
Fallon Gilbert
Need help with Lending Knowledge
Hey all!Everyone here has been super helpful with answering any questions I have and I appreciate you all for that. I do have another question which pertains to lending that I'm not sure the best route to take.The are...
Michael You
Lent money to fund a deal, now can't get a call back
Middle of last year, I lent money to fund a flip and close on a development deal. Both were meant to short term, 3-6 months until the flip sold, or until the development deal found a longer term investor. Now, after r...
Jose Diaz
Business Line of Credit
Earlier today on LinkedIn I came across a posting from a company that provides business lines of credit up to $150K in unsecured business credit, 0% interest for 6-12 months, no income verification and no credit repor...
Matthew J.
Anybody invested in Ground Floor LROs or Notes?
So I have been researching crowdfunding Hard Money Loans and I found Ground Floor. There are 2 types of investments, one thru LROs and another is Notes. I was not able to find any info in regards to their risks in cas...
Larry Bowers
Personal guarantees; worth the paper they are printed on?
If I have a borrower sign a personal guarantee on a loan that is unsecured by property, let's say $300K, and he doesn't pay after a while, of course I can't foreclose. There is no security. But as for the personal gua...
Sonya Hopson
Looking at possible purchase and need hard money loan info
Hi,
I have found what I think may be a great deal and the homeowner wants cash asap. I haven't mortgaged anything in over 30 years but remember it taking awhile. How does the hard money lending work? i know its a h...
CJ Moulton
What happens to the remaining balance after a home is auctioned for a lower price?
Hello All,Recently I have been reading up on Foreclosures, and I went online to look at some foreclosed properties (Auction.com), but there's something I don't quite understand...I noticed that the starting bid for a ...
Christopher Abernathy
$100k biz loan? Any lenders think i qualify in MY SITUATION?
I have copied this directly from the email i sent a lender i found. I am interested in getting a no doc biz loan, which i hear is easy on a personal guaranteed line of $100K for even a new business. I opened an LLC at...
Bryan C.
Using Personal Loans to buy Rentals or Flip Rehabs
Hello everyone,I would love to hear from others what sources they use to get capital to buy more deals (rentals or flips)? I know about getting a HELOC, mortgage, cash our refi, portfolio loans etc but what about per...