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Hi all. I am in the process of purchasing a triplex with an FHA loan. I started shopping around with a few different lenders on Friday, but only one has gotten back to me with concrete numbers after I submitted a loan...
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Hi, I’m getting to my email or seeing on Facebook groups some private lenders that are marketing themselves.It’s my first time to use private lender and wondering how can I vet them?How can I know that it is not a sca...
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Hello everyone! I just started my real estate investing two years ago and I'm now on my third property. On my third property they just deemed it in a flood zone. Is there anyway I can contest this or do I have to bite...
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Anyone have any recommendations? I’m in the Dallas, Texas area. I’m looking to get some cash out of 4 of my rentals. I have 50-80% of them paid off. Are there websites you’d recommend that may help shopping across ma...
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Hi Everyone! I am seeking to launch a small private lending business. I have limited capital to lend out so in addition to using some of my own capital I'm considering opening a business checking account and applying ...
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I live in the Dallas area. I'm getting back into residential investing by Wholesaling and started my mailout campaign last week.The last two decades I’ve been working for a private group investing and managing small ...
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Hey guys,Hoping to get an offer accepted on my first deal tomorrow and trying to get hard money lined up for the purchase price. The deal pencils out with a safe 70% ARV so I think this is a very attractive offer for...
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I bought a house cash, no liens on property, but put it in my name not a LLC.
Had some other capital expenditures and am a little lean on cash and want to borrow 40-50% of it's as-is value to finish the flip, but ev...
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Hey everyone-
I signed a term sheet and app with a private lender. Then they ran my credit, which is in the high 700s. We are rolling! But the next morning the broker shoots me an email. It reads
"I am really sorr...
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I would like to borrow a sum of money whereby I pay the interest monthly or quarterly, and pay the full principle back at maturity along with the final interest payment. For example, a 5% monthly-pay $100K loan for 5 ...