Vladimir K.
Is this typical for Hard Money Lender?
After looking at two local (Chicagoland) hard money lender applications, I noticed that the lenders wanted me to disclose as much information as a conventional lender would require. In addition, the applications i...
Jay Lee
NEED ADVICE! Unable to pay hard money loan
I'm investing with an equal partner and unfortunately we're defaulting on our hard money loan because we don't have the money to pay it off and we won't be able to sell the home by the due date. A contractor also put ...
Jordan Bowley
Unique Approach to Mortgage Loans (cross-collateralization)
Hello again BG Bloggers! (I posted this earlier in another forum on accident!)
I am looking for anyone who has experience or a potential POC for someone who may know or has used cross-collateralization to negotiate a...
Account Closed
What's your pitch?
For all the experienced mobile home investors, what's your business pitch to a park that you want to do business with?
Demarkeese Alexander Nolen
VA Loan can be Conventional Loan
Hi I’m currently serving at Hunter Army Airfield in Savannah, GA. I’ve been researching house hacking for the last few months. My question is can you make your VA loan a conventional loan? If so what would be the step...
Gabe Chime
asset protection question
I’m just about to join a syndicated real estate investment.I will personally guarantee a large loan.My question is:Are my retirement accounts (IRAs, 401K, 403B, TSP) protected? Is my primary residence protected?Thanks.
Sam Kasa
Commercial loan under LLC, do member's credit get dinged?
We just formed a LLC with 5 members with 100K each with intention of applying for 2M loan. There is a bank that seems to be willing based on personal guarantees - asking each member to fill out PFS. The loan is going ...
Donnell Mulligan
closing the deal
Ok,bp family I may on my to locking up my first deal.but now am at a cross road I promised to close in 2wks on an assignment deal,what happens if I can't hold up on my part of the deal.what if don't/can't close in 2we...
Randolph Kallenberg
How to get a bank loan for an LLC buying commercial property
Hello, I was just wondering how the process of getting a loan with LLC members works?Can anybody explain the process from the beginning? How are the limited partners involved in the underwriting process? Do I call o...
Jeanine R.
Divorce in LLC ownership
looking for advice: as part of my husband and my imminent divorce settlement, I will be receiving full ownership of one of our LLCs which owns 2 properties: 1 in MN -4 unit apartment bldg and 1 in WI -seasonal summer ...