Just throwing it out there to the masses... Discuss!
Hi allI hope all is well. I was recently offered this, wanted to get feedback, questions, etc. Assume you have cash currently earning 4.6% in high yield savings. Key Deal Points:Loan Amount: $88,000Lien Position: 1s...
I met with a developer yesterday and during our meeting he stated a 40% “preferred” return to partners. That got my attention, and although I do not want to talk numbers here, the point is that he is looking for a loa...
I have an personal FHA loan with a property and want to move it to an LLC. This is so I can free up and get another FHA loan and also utilize LLC benefits. I believe I just need to Refi the loan and title to the LLCWh...
Investment Info:
Single-family residence other investment.
Purchase price: $177,500
Cash invested: $37,598
Appraised for $44,000 over purchase price. We will be building an STR creating a 370k equi...
Hard money lending is an investment in a debt position as opposed to an equity position. The returns are projected to be lower than an equity investment, but are generally accepted to be safer and more predictable.
S...
Okay ya'll, I'm confused. Here's the situation. 6 unit Multifamily in ArkansasI MIGHT be able to show the reserves needed (but really it's a stretch)$250K Purchase Price$100K renovation$500K ARV$6K After Repair Monthl...
Hi, have currently owned my one family home for about 7 years now, still needs a few thing but I’m pretty good shape overall. I refinanced last year to a 3.1% interest rate. Am looking to get started on finding anothe...
Hello! Quick questions as I'm thinking about a deal here in Wisconsin. A duplex in a great location that needs some work. I do not want to house hack the duplex, therefore, I would put 20% down. If I were to close...
Is This Possible? I need to know are there any PRIVATE LENDERS anywhere, not hard money lenders willing to lend at 6% on a ready to move in home with a 20% equity position. Let me explain:My friend wants to buy a read...