Disclaimer: I'm new-ish to the real estate industry, and not dealing with the aspect that's usually dealt with in this forum, so forgive my ignorance.I purchased a property at sherrif's auction (not my first). Owner h...

Trying to figure out how I’m going to fund my first rental property. Are private mortgage lenders a good route for first time investors?

What would be a fair fee and rate for a 5 month private mortgage.  I'm situated in Toronto, Ontario.   

Hey everyone, I've been wanting to approach some private money lenders but I want to make sure I understand fully, how they'll be paid back. If I get a private money loan for the full amount of the purchase price of a...

I am going to look at a home tonight, the home is currently owned by a private mortgage insurance company per the real estate agent. Does anyone have experience dealing with mortgage insurance companies...anything I n...

Hello All,I have a situation. Not sure how to approach this and any advice/suggestions would be appreciated.I have a friend who asked me about a reverse mortgage. He is 55, his wife is 67 and disabled. She owns thei...

So I have been approached by an investor with an opportunity to provide a private mortgage on a fix and flip.  I've never done any PML but I do want to start.  I'm trying to educate myself as quickly as possible.  Her...

I purchased a property cash and was going to a cash out refi and a friend offered to act as a private lender. Currently the property is in my name and I was going to deed it over to an LLC.

Are there any issues if...

I have a property under contract in a cash deal. I would like to put a mortgage on it as soon as I can to free up cash for follow-on opportunities. I am familiar with the cash out financing rules if I try to financ...

Investment Info:

Single-family residence hard money loan investment in Markham.

Purchase price: $700,000

Cash invested: $200,000

private first mortgage loan

What made you interested in inves...