Hi All-My husband and I just bought our first STR in the Poconos and are getting that up and running. I would like to know more about the processes for creative financing (seller finance, sub to deals) and especially ...
I’m an 18 year old looking to get into REI and one of the most common questions asked is if I have any collateral. Since I’m still in high school I don’t own any property to use as collateral. What is something I can ...
Which banks are providing the best LOC rates and limits right now for real estate LLC's?I am heavy in collateral but light in-cash for cash purchases.Thanks for the help.
Can I get a loan let's say to rehab a property on a land contract
I have been reading a bit about this , picked up a book by Lonnie that I need to read, however my big question for the group is if living in the Sacramento area makes this type of investing difficult due to the pri...
I just wanted to know that If I buy a property after bank loaning me money and then if again i need money for fixing it will the bank lend me again? and if they would then how?
I seller-financed a house to a buyer. The note is for $135,000 amoritized over 30 years at 7% interest. The note originated on 1/1/2022. Buyer has made every payment. The house is now conservatively worth 142,000. Is ...
My wife owns a portfolio of 2nd position mortgages we are looking to leverage. Here is the story:We sold a portfolio of rentals to a single buyer and part of the deal is we held back a 10% mortgage. He still put dow...
Does anyone know how to create a mortgage note for an investor that wants to have the property as collateral while I'm fixing it? The plan is to sell in 6 months after the rehab is done.My investor is putting up all ...
I am working on a deal, the broker has stated they have fannie mae lending for this commercial property and it is non recourse.Are the lending qualifications stricter?Any thoughts or insight?