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Hello,
I recently applied for a Line of Credit at a traditional bank to purchase another SFH rental. I currently have a SFH rental that's completely paid-off, and so I was going to use that as collateral on the LOC. ...
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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 ...
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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 ...
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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.
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Can I get a loan let's say to rehab a property on a land contract
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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...
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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?
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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 ...
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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...
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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 ...