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So I feel like I am stuck in the middle and don't know what would be the best thing for me to do. Here is my story and the dilemma I am in, I hope some of you are able to give me advice and guide me to the right decis...
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Google the foreclosure implications of being a debt-holder in second position, and you'll find a bunch of articles explaining that if the house sells for less than what is owed, the person in second position gets scre...
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Hi!A friend is doing a BRRR to STR. Most of his money is coming from a hard money loan. The remaining amount is coming from myself, as a private loan. Her plan is to do a cash out refi and pay back the hard money loan...
Hi everyone - sorry for the long post. I would like to ask you experienced investors what you would do in my position to get started in real estate to where I could eventually leave my corporate job and do my own thin...
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Hi guys, how do you structure a financing offer for a private lender/investor to make it attractive for them to take the 2nd position for a fix and hold property?
Let's say, I want to offer equity to a lender but wou...
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Hello, My parents bought a house almost 15 years ago. Over that time, the house has appreciated from 91,000 to upwards of 600,000. They have not been the best at up-keep and the home needs some updates.What would be ...
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I'm working on a deal where I am assuming a mortgage and I am looking for a lender who can cover the rest of the purchase price in second position.Has anyone done this before and who did you use? I have done a google ...
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https://www.courier-journal.co... of the things here seem pretty significant! I've talked about this quite a bit on See You at Noon. Look to Oregon to see how big this is! ►Allow property owners to build an accessory ...
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Hi BP Family,I've been on the house hack journey for a few months here in the Riverside/Redlands/Corona area. I decided to put it on pause due to the interest rate situation - the 2-bedroom apartment we have lined up ...
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I recently bid (and won) a foreclosure auction in which the bank owns both the first and second positions on a property. For some reason, they decided to foreclose on the second position first - giving me the opportu...