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Let's say a bank gives a loan on a house, but there is another entity that actually has the Note - maybe the entity loaned the money via the bank or the bank sold the Note to that entity. Then the property goes into ...
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I just realized today that credit partnering is a fantastic thing. If I find the deal, and a credit partner gets the money at 3.75% (or even at portfolio loan rates), we split the downpayment and split the profits 50/...
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Hi,I've got a number of notes, most of which are (so far) going reasonably well, however, I've got one that is just lagging the rest - it was a non-performing 2nd and the 1st has got in the way, making a short term fo...
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Hello everyone, this is more of a question that came to mind & not really a situation I’m currently in. Is it possible for investors to sell a property that they have not yet paid off, keep the cash from the sale,...
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Hello Everyone,I am about to enter a joint venture with a partner on a property. The loan will be financed under other parties name, but we will be equal owners of the property. I am looking for a lender that is willi...
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We are all going to need to work with a Loan Officer during our RE investing. The experience can be smooth or challenging. What were the actions that made a loan officer stick out as great and what were the action tha...
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Hello All! I guess I'll make a introduction here as I come out of months of lurking the forums. My names Zac and I am from the Detroit area. I just finished out my first year in REI with two units cash flowing and a p...
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Looking to get into the Kissimmee market, and I’m looking for some insight on monthly expenses.What is the going rate for insurance, and monthly utility cost for about a 7-bed, 3,000 sq ft house? What are you usually ...
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I am a newbie to Short Term Rental Investing and I had a typical newbie question because I have recently moved to Phoenix AZ within the last 12 months and am in the process of acquiring multiple short term rentals in ...
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I'm looking at two non-performing 1st notes with substantial unpaid property taxes that will be sold at tax lien sales in April. What is the procedure to pay the taxes as a new loan to the borrower? Where can I read u...