K C
Secured Credit Card Question
This is probably a stupid question, but I'm no expert on credit.
However, would be possible if I were to open a secured credit card by applying at a Wells Fargo with an initial deposit of say $5000 and after receivi...
Tyler H.
Originator pushing loans through different states to avoid laws??
I have a client who was in contract on a small investment property in which he found a company that would "broker" the relatively small 50K loan. (80%) There was a number of red flags and horrible communication.... To...
Ian Jaeger
What are you doing with your ‘cash’?
Hi all,I’m just getting started in this and don’t have enough cash on hand for a full deal yet, but am saving as much as possible.That said, savings accounts are paying essentially nothing, CD’s aren’t much better.Sta...
Bob Gentry
Financing for new home
I am wondering if there is a way of having an investor pay for downpayment of a home, and then accept a term of being paid back in about 10 years with one lump payment. I would like to borrow 100k and then in 10 y...
Joe Giusto II
Why Minimum Loan Amounts?
I have heard that I will not be able to get a loan for under 50K on investment properties in MD. Can anyone give me some insight on why that is, even that the properties have good cash flow?
Joel A.
Where do you park your money? In replace of a savings account.
Ive been trying to figure out where I should keep my savings where I can maximize its growth and am really curious to hear where you think is the better place to do so. I want to keep the money as liquid as possible...
Brandon Bell
Help with Family Loan to Purchase Real Estate
We found a house we want to purchase. My parents want to help us pay for it and we pay them back on interest. What is the simplest way to do this? Any resources who can help us structure this (other than https://www.n...
Taylor Reichert
What would you do with $25,000?
I just received an offer in the mail from a bank I have used in the past. They are offering 25,000 at .50% with no origination fees no prepayment penalties. It says "Can be used for debt consolidation or another purpo...
Marc Globensky
Any ideas on how to invest 20k?
Hey everyone,I'm an investor in real estate and some how at a loss for what to do with 20k... Lol this is more or less my emergency savings I've spent last 2 years saving and working 60 plus hours to get put up. I've ...
Hunter Adams
Is this legal? 401k loan question...
Maybe this is a dumb question, but is it legal to borrow money from my 401k (tax free) with a low interest rate, then use that money to loan out as hard money for a higher percentage? It seems like it might produce a ...