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Was wondering if anyone can offer advice on structuring private money loans. I am new in REI and am currently seeking out my first deal. When that first deal finally does present itself, I want to be ready and move on...
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I'll be brief to start. I may start a new thread with more details, but hopefully the mods will work with me :) .I'm in commercial and residential REI. Looking to expand my commercial side on this deal.It's a raw land...
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
Title catch your attention? Good, because this is the (incorrect) message my mind has been bombarded with for the past couple of weeks. I'll give you a bit of context to work with: I am currently taking the mandatory ...
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Just wondering what everyone drives.....as you can see by my screename, I'm a car person. Just wondering what some of you guys drive......
Here's my car (same as my avatar)
Also have a lifted Dodge Dakota.....(Home...
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I have a seller insisting that the only way he will sell is with a physical bag of cash ($40k or more) under the table so that he does not have to report that income (in Florida). He wants to seller finance a lesser a...
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I have never paid more than $30k for a house.I have never run a credit check or asked for a credit report on anybody who has applied to rent any of my properties.I have never asked a tenant for their SSN, DOB or any o...
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I placed 3 offers in the last month in California, one of them over asking price. Lost all 3 to cash buyers. I'm offering 20-25% down and have an excellent crredit rating. What's a body to do?
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I have been doing hard money lending for a few years though hard money brokers which source and set up the loans for me to fund. I have not gone out and purchased any existing notes yet, I have just funded new loans...
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