Sandy Uhlmann
Can servicing fees be passed on to borrowers?
In seller financed transactions, is it acceptable to escrow servicing fees along with taxes and insurance or do those fees have to be paid by the seller?
Lindsay Conway
best route to take using cash and borrowing
So wondering what the best way is to use my cash and lines of credit and Mortgage?Currently, I have 4 properties. I started out using my cash and I'm questioning if that was the right decision. So i bought a duplex al...
Forest Williams
Do I borrow the money for rehab 10%
I have a chance to barrow $20,000 from a loan club. What I would like to do is use it along with a Hard Money Loan as the 10% I need (example Hard money lender does 85 or 90%%)Will this work is it a good idea...??Than...
Gary A.
2nd Lien, Borrower Made a Payment. Still Enforceable?
Hello,I've come across a 2nd lien which is a well drawn up note that the borrower never paid on. Payments were due from '08 - '13 but the borrower told the lender he didn't have the money when it came time to pay each...
Dominick Colello
Finding the right lender, LLC or Single Borrower?
Hi everyone,
I should start this by introducing myself, my name is Dominick. I’m 22 years old and just recently graduated from SUNY Albany.
After years of living in student housing, both on- campus and off-campus,...
Sergio Vega
Getting a Hard money loan with two borrowers
Hey BP,I am looking to get a hard money loan to flip my first property. I am looking to flip with my dad. I want to know if we can get the hard money loan together or do we have to apply individually?If you have prior...
Chris LumLee
Have a business but borrowing from a friend
Hi,I'm thinking about starting a real estate investing business. I'm thinking about borrowing money from some friends to help finance purchases. If it's a private loan backed with a promissory note, do I NEED to give ...
Ratna E.
Lender's req on borrowing money for investment property
Hello BPers,I can't thank BP enough for the motivation it gives me every day to pursue my real estate dream. It is a great platform to learn and be motivated.I'm in a situation where I'm under contract on a SFH and I'...
Mark Albini
New investors looking to borrow bigger pockets books
Hi there!I was wondering if anyone in the Philadelphia area has purchased any of the bigger pockets books and would be willing to let two young budding inventors borrow them as we learn more about the industry. We're ...
Paul Mossbarger
borrowing money from private lender for a flip
I am going to borrow money from a friend who is interesting in making some money with me on my second flip. I wont be borrowing much from him but im not sure how much he should make when the house sell. should i do ...