What rates are yall using in North Carolina when you sell Mobile homes (Lonnie deals)?I'm trying to understand the NC general statutes regarding setting Mobile Home interest rates. I think I understand, but my interpr...
Is it possible to finance a rehab entirely on OPM (Other People's Money)? I understand I would need skin in the game. Can my skin in the game be a personal loan and the rest from hard money or private money?
Hi,I live in Hong Kong and invest in the states where I am from. I can get a 100k personal loan from a HK bank at 2.6% interest for 36 months.What is the forums thought on using this as a down payment on a rental in o...
Is it impossible for a new investor to get an unsecured line of credit for around 100k-200k with no collateral but great established credit and income?
Hello All, So here is a difficult question, How do Americans borrow money from German Banks? Usually Mortgage lending is closely tied to National Government bonds. Well the German bund(bond) is at never before seen...
I'm trying to get a mortgage to buy a home that involves an older 1970 mobile home. It's on its own .48 acre lot, not in a trailer park. The home is listed as 12x56 but it's much wider than that because more rooms and...
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $150,000
Cash invested: $150,000
I bought this place with cash using savings and personal loans. My plan is to cash o...
Hi All,Would appreciate any advice on the following.I own a property (live in + rental) and would like to buy a second in January (investment property - most likely a triplex). The second property is not a commercial ...
I purchased a rental property in cash (half personal funds and half using a 48 month personal loan from discover at 7%). I just got an offer from Bank of America for a 15 month 0% $0 balance transfer. I am currently 6...
I'm having trouble with trying to find hard money lenders to lend to me because of the amounts of my purchase. The amounts of the purchase price of the properties that I'm pursuing are only $20,000 with a $15,000 reha...