Kristina Gaddy
Where to go?
Hello I'm needing a little help, there is a pretty small empty lot (house isn't there anymore only the old concrete steps left buried under overgrown vegetation) next door to the small home my husband and I remodeled ...
Matt Sora
Refinancing cash out in your Property
When you refinance and take money out of your property its not a second mortgage on the property right? It just adds to the loan your originally already had? Please help me understand this.
Seth Domoto
Re-Financing Out of a Private Mortgage
I have a private loan from a family member for a REO property I purchased 6 years ago as an owner-occupant. The loan is for $120k with 3% interest only payments each month. The loan terms call for me to re-pay the $...
Christopher Dyer
Looking to lock first property for fix and flip.
Looking to get some creative idea's for financing. I've talked to serveral HML and they require min 660 FICO and 20 Percent down. I see alot of people making deals flipping houses using "no money down" :roll: But it...
Jim Stevenson
Is this considered mortgage fraud?
If I take a gift from a friend to cover the entire 20% down payment for an investment property, can I then pay that friend back with a personal loan? Would that be considered mortgage fraud? Can a non-family member ev...
Christian Hutchinson
Lending Options Multiple Properties
We have several rental properties. Some owned outright for Cash, one has a mortgage.We are selling two properties in the next 60 days. We want to take the proceeds from those sales, which will be between 85-115K and...
Rebecca Lujan
How would you handle a request for extension on unsecured loan?
I loaned money out of my self directed IRA for an unsecured loan that the borrower did not pay by due date, which was yesterday, 2/1. I was the one who reached out to the borrow, and I did receive a response via text ...
Chris M.
Repaying your most precious investor.
Through discussion about acquiring a large project, we tossed around the idea of getting a HELOC to handle the 20%. Then, out of the blue, my father in law sends me a text asking if we had any ventures to invest in, ...
Account Closed
NC Executive Order 142 Eviction Moratorium
Hello, Wanted to hear opinions of this. I never thought something like this was possible. The Order’s evictions moratorium:
Is effective immediately and lasts for 3 weeks;Would prevent landlords from in...
Kurt Mace
Hard money lenders for Buy and Hold properties
Hello everyone,I want to start financing buy and hold investment properties but I am looking for funding. My question is this. How can I use hard money lenders for this type of strategy? My problem with hard money is ...