Account Closed
Best sources of working capital (WCAP)
What do you find are the best sources of working capital (WCAP) for your rentals? Is it better to use a HELOC, a second mortgage, or unsecured loan (e.g. home depot loan)?
Sam Guarnieri
Is this legit ? I shredded it btw
I received an unsolicited offer in the mail for an unsecured loan, 20K-250K. Allegedly, it will not be reported to any credit bureau. The loan would not be based on my real estate investing but rather on my real job.
Davian M.
18 % from Hard Money Lender to high?
BP,
Here is my current dilemma! I have a family member who is trying to avoid going into foreclosure and has agreed to let me buy the property for the remaining balance, which is about 23K. I recently finishe...
Harry Torrenegra
How can I make a comercial loan using my C Corp?
I have a C Corporation, own 2 rental properties on 2020 and I want to purchase another rental property but not using my credit. Instead I want to use the Corporation for the loan. Is this possible?
David Sajous
How should I invest a 10k loan?
I am turning 21 this year and I intend on getting a 10k loan and invest it wisely but I do not quite know where to invest it yet and I would like some advices because i want the investments to double that money over t...
Daniel Ordonez
Verify a private lender?
Hey so I’m in need of advise since I’m new to investing. I possibly have a couple deals I’m partnering with ppl. I found someone who is potentially going to fund my deal for 3% interest and $500 up front cost to loan ...
CL Ziegler
20 percent down, always? (is it possible to do less?)
Hello,
Is the 20% down payment guideline a fixed rule across the industry? Or, is it possible to get a mortgage on rental property for a smaller percentage down payment? (maybe 5-10%, or even *gasp* no money ...
K C
Secured Credit Card Question
This is probably a stupid question, but I'm no expert on credit.
However, would be possible if I were to open a secured credit card by applying at a Wells Fargo with an initial deposit of say $5000 and after receivi...
Patrick Telemaque
Providing and protecting my private loan
Hi all, I paid for a mentorship program with a local builder and investor. I have been meeting with him for the past six months and have an ok relationship so far. He is even starting to introduce me to his inner ci...
Sharad M.
Sample promissory note
Hello all,
Can someone please email me a sample promissory note they have used with their private money lender? I tried looking for it under the FilePlace, but didn't find anything. My email is in the signature below...