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Large crypto lender Celsius filed for bankruptcy. This is huge news and a major blow to crypto. All investors, real estate or otherwise, of any experience level have something to learn from this.A massive crypto inves...
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So I've begun researching purchasing notes, and found a few different threads with the suggestion of cold calling people that are in contact with note holders. Bankruptcy attys, financial planners, CPAs, title compani...
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Hello all,I have come across a situation that hopefully you may be able to help. I am in the process of closing on a property but unfortunately my personal credit was hit and now in order for the closing to happen I w...
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Question --> I've heard conflicting things regarding the use of the term "hard money". Just curious... do you use this term, or prefer something else? If the latter, what do you use?
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Hello BP team,
I’m going to utilize a HELOC from my personal residence to fund investment properties. Can someone please provide advice as to where I should start my search for an institution to provide my HELOC? I...
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Hey everyone, I'm located in the U.S., but have a contact looking to sell me his portfolio of 200+ mortgages in Tegucigalpa, Honduras. The Honduran institutions I've spoken with won't lend to a foreigner, and I'm havi...
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We're building a directory here on BiggerPockets of Hard Money Lenders.
If you are a HML, Please send me a PM with the following information so we can add you to the directory:
COMPANY NAME:
Contact Name:
Phone:
Ema...
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So what exactly makes a senior lien senior (1st) and a junior (2nd) junior? When referring to a deed of trust, is it the time/date when one was recorded or the dollar amount ?For example if I take a loan (considering ...
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Hello is there a particular way to contact banks to try and buy performing and non-performing notes or can I just call the mortgage dept or loss mitigation dept and say I would like to buy the note on a particular ...
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Hello, All,
I'm researching a multi-family purchase opportunity in Jackson County Missouri (10-20 units). What institutions and specific contact favorites do any of you recommend?
What terms can I expect for such a...