Ashley Payton
I need a some advice
I am in the process of planning a start-up high-end shoe boutique in my area. I am now at the part of finding financing along side finding a building. Now here's my dilemma:
I am looking for a commercial /ret...
Account Closed
How to bring in investor without them having lien on property
Hi all.I have a project that I need 10k for. The rate of return is near 100%. How do I bring in a lender as a partner and promise them a 10% return on their money WITHOUT putting the property as collateral?
Al Kirk
Separating Mobile Homes from Land
I am purchasing a 12 lot MHP and the park owns the mobile homes attached. I want to get advice on how to go about separating the mobile homes from the lots at close. Ideally, I would have the mobile homes owned by an ...
Robert Caverly
Leveraging Retirement Assets to Create Liquidity Today
I work for a Hard Money Lender, and had a client ask once how he might be able to leverage an SDIRA to create more liquidity. He was using the funds to invest in real estate, but wanted a way to keep at least a portio...
Charles Whitaker
Leveraged Line Of Credit
I have been looking into a business Line of Credit and have a few questions:- I notice that some people can obtain a huge Line of Credit based on a very small piece of collateral (let's say a $500k LOC on a $100k coll...
Account Closed
Notes in a Nutshell
I kind-of understand what notes are, but as a Millennial I'm prone to distraction and misunderstanding if the exact answer I'm looking for isn't immediately found on one of the first three links Google provides. We ar...
Tracy Bogie
Private Money Terms needed for pitch-specifics and documentation
I have a duplex I own free and clear, and just need some additional money to finish rehab. I want short-term money, 6 months max, loan amt $50K, with property as collateral. I just had it appraised, and that came in a...
Chris Goodpaster
Funding for My First Deal
Good Morning!
I live in st. Louis and am working towards my first fix and flip deal here. What is your experience and can you tell me pros and cons to each type of funding that I am considering? I have some cash bu...
Kerwin Cabrera
Loan secured by note
I've heard that you can take secure a loan against a note that you own. Is that accurate? If so, do all banks do that, or rather which banks do that? Also, will banks lend to purchase a note and have that loan secur...
Chuck Redman
Private money lending. Do I understand it correctly?
Is the loan guaranteed simply by a promissory note? Does the note list the property as collateral effectively placing a first lien on the property until repaid?
I am considering using this to purchase property to reh...