Anyone ever heard of a promissory note?

Good morning all,I am in the process of getting started on my REI venture. I will have shortly a ROBS 401k account set up that will allow me to put 20%-30% down on an REO. I had originally thought since I had the mone...

I will create a note during an owner finance sale. I want to partial 15 (out of 30) years payments and also hypothecate it at 50% LTV.I know you guys see issues with this so let's try and talk them out to find solutio...

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: ...

Hey there,     I have 3 mortgages right now, all conventional and I'm wondering about nonrecourse loans.  I have a vacant lot in the San Francisco area that is completely paid off but just sitting there.  I am not bui...

Hi BP,I was trying to determine ownership of a property. The DOT and the LLC address pointed to a brokerage firm (and one of their brokers signed the loan). I called the person who signed the DOT at the brokerage and ...

Hi all.I have a project that I need 10k for. The rate of return is near 100%. How do I bring in a lender as a partner and promise them a 10% return on their money WITHOUT putting the property as collateral?

Hey BP, I am excited to share my creative finance story on this deal I just wrapped up.  So the mobile home park details are as follows:Purchase price: $110K13 homes, 2 lot rent and 11 park owned.(2 vacant units)City ...

A brief overview.40-year old S-Corp with a stable history and no past financial problems.  Assets: $700K-$1M.  Debts: Zero.  Vast majority of assets are commercial, with less than 10% SFR.  Clean, complete books and a...

Does Schwab or any similar bank allow you to put up an IRA or brokerage account as collateral for a re loan? How would that work?