Ben Parr
Cash-Secured Loan Strategy
I've been talking to a bank lately about refinancing some of my properties. One strategy I have thought of goes like this:
Partner pledges $130k in securities (instead of 100k cash) to secure a $100k loan. Th...
Sid K.
Providing a personal loan - Lien question
Hello - I had a quick question on a situation I am dealing with. I am providing a loan( personal) to a colleague. I want to make sure the loan has some kind of collateral. My colleague is ok with his property being th...
Dan Rhombus
Underwriter requiring documentation I can't provide
Hi all, first post :) So I'm in the process of purchasing a new
home. To fund my down payment, I took out a loan against my crypto. I
used a company called Celsius, and they lock away some amount of my
crypto...
Julie Williams
New to Investing and have bad credit
My partner and I are thinking of purchasing some land in order to use it as collateral to purchase rental property. What do you think? Any ideas?
Thank you.
Davon Lowery
HLOC on a property held in Biz name
I knew there would be some draw backs with holding my properties in my entity.What has your experience(s) been when establishing/obtaining a Home Equity Line of Credit on your property,which is held in your entity?How...
Erica Williams
Line of Credit To Purchase Homes
Hello,I would like to know. How does using a line of credit used to purchase single family homes?For instance, could I ask the bank or credit union for a line of credit to purchase single family homes without down pay...
David Taylor
Business Line of Credit
What reliable, low cost companies are people using for business lines of credit? I have been looking at fund and grow but they prefer an upfront fee. Anything cheaper than them and possibly around the Atlanta area?
David Hite
Leverage into a Syndication Deal?
Good morning everyone! So, I am about to break into the world of syndication deals! (Joinging, not creating!).I am happy with the passive nature of these syndication deals, and happy with the returns they provide c...
Joe Shields
Seeking $300K for Boutique Hotel Downpayment by Feb 9 - Collateral & Equity Offered
I am currently working on acquiring a commercial vacation rental property, which I plan to transform into an 18-suite boutique hotel, complete with a public bar/restaurant and a pool. However, I'm facing a shortfall: ...
Alex R.
Confusion about foreclosed properties VS REO properties!
There are some websites that list properties for sale as Foreclosure.
Meanwhile I read that:
Foreclosures are NOT sold by Realtors. Foreclosure properties are auctioned at a Trustee Sale at the Court House in the ...