So here's an interesting dilemma we've had in the past. Our purchases are at the courthouse, which here in TN requires 100% of funds due at the sale. It's hard to borrow money from folks who don't know you because th...
I understand I can use the value of land as a down payment for a conforming mortgage. I am looking into building on a vacant land I own outright that is appraised at and bought for $400,000. It is one parcel zoned f...
Have anyone ever taken out one of these loans before? What exactly does it entail to benefit investors?
What am I using for collateral (promissory note) for borrowing from a private lender, specifically a commercial deal? Also, can I loan money to an individual who needs it for rehab and what is he using as collater...
A friend of mine is looking at getting a non collateral loan thru Plush Funding out of Florida, is anyone familiar with this company? With no collateral what is their protection of a loan defaulting? Any help is great...
Hello, Does anyone know where I can post to sell Detroit Notes? I have two small pools at about 18 to 20% Of what is owed. thanks
Hello BP,
I've been approached by a would be borrower for a loan under $50K with a three year term. The borrower has offered an existing property as collateral: a performing rental appraised at ~350K. ...
Hi there. Seasoned real estate investor looking at next deal. I would love to pick some people's brains on the best way to go about this deal.
Under contract on 8-Plex apartment complex. 3 bed 1 bath units with one...
I have a Investment property in Texas and is in need of Renovation and is vacant. This property needs a lot of work to be rent ready but is low on funds.I have been researching ways to get funding such as Heloc, Hard-...
I am about to buy a house with private loan, and they want to use the house as collateral. Neither of us are sure if this will affect my ability to do a cash out Refi after the six months. If anyone has some insight I...