Rami W.
Need creative funding for an auction
I am looking to secure funding to participate in property auctions. The main issue is that if I don't win an auction for a property I try to buy or if it sells above my max offer, I don't need the loan! Is there any t...
Joe Martin
Trust or LLC for multiple Investors
I have a couple of investors that want to participate in a flip with me. I want to provide them collateral which would be the property. Does it make since to structure this in a trust with me as trustee and investor...
Paula Willis
Go or No Go? RAL Seed Money Lending
A fellow investor approached me about loaning him money for his RAL (Residential Assisted Living) startup. My question: Is this a good deal or a not-so-good deal? Terms offered are below. Thanks to all for your inp...
Laura Lenington
Looking for EXTRA CREATIVE ideas on a seller financing deal
Hello. I am working with a seller who has said they are willing to seller finance my partners and I on an 8 unit deal in the Saint Louis area. We have come to terms on purchase price, interest rate, loan term, etc.;...
Joe Davis
Owner Finance notes collateral - Community bank recommendation?
Can anyone recommend a community bank that they are collateralizing their portfolio of notes with in Texas? Currently am in Houston.
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: ...
Jan Brumec
Secured Promissory Note
Hi everyone,I am experiencing issues on a lending transaction that I am trying to put together with a friend of mine that is a citizen and resident of Italy.It would be a promissory note: 12-months 9% interest only p...
Jay Schwichtenberg
Partial Note Team: need attorney & servicing company in TX
I am creating seller financed notes in Texas. I am interested in selling partial notes to private investors. I'm struggling to find an attorney that specializes in preparing them and also a note servicing company that...
John Mireles
Walking Away from an SBA Loan?
Has anyone here ever defaulted on an SBA 504 loan. How is it dealing with Colson's Servicing? Did they attempt to enforce the personal guarantee? Was bankruptcy required?
How about a short sale? How was that handled?...
Mike Hartzog
Doing Owner Financing Correctly
I am a mortgage note investor and end up with a fair number of non-performing notes. A percentage of these will turn in to REOs. I typically sell my REOs off-market for cash to investors or on-market in the conventi...