Manuel Sarabia
So what qualifies a borrower for a hard money loan?(+ a few questions)
If ficos and income are not the issue, what do they look at in a borrower?I'm looking into taking this route in hopes I can get a loan. My situation, My middle score is about 610. My business income(RE commissions, et...
Spencer Janelle
San Diego Multi-Family
What is the best way to find funding for a deal with no credit and no experience? I am in the San Diego area looking at multi-family properties. I have found a couple properties worth repositioning, I am just stuck on...
Sean Coonce
Private Lending: Question About Promissory Note Details
ContextFirst time investing with a PDX flipper (great at what he does) and happens to be a good friend. He is raising private capital and the deal seems bulletproof, but would love feedback to better understand if I'm...
Account Closed
Debt or Equity for Seed Capital
A friend of mine and I were having a debate about whether it was better to use debt or equity for seed capital for real estate. I thought it would be a great debate to have on the forums. Feel free to share your thoug...
Camilla S.
Private money from parents
My parents are interested in lending me money for real estate investing. I do buy and hold rentals. I have never borrowed money yet so have no idea what we would write up, interest rate, length of loan, etc. Can so...
Peter Parisey
Is 5% down possible on second home?
I currently live in a SFH have a conventional mortgage.My father and I are hoping to team up and purchase a duplex together that we have our eye on.I will rent out my SH and move into the duplex to get us an owner occ...
Arthur Mayer
How are Delinquent Taxes handled/accounted for on NPN 1sts
Hi guys, I was hoping at add a few notes to my LLC, and I had a quick question on Delinquent Property taxes on a note. In terms of analysis/due dilligence, do you account the delinquent taxes in your CLTV when analyzi...
Bill Ellingsworth
buying back your home?
Here's a question.
After a sale can the homeowner buy back their home? For example after being unemployed, and then getting a job. I found one firm doing audits then buying the discounted note and arranging for the ho...
Deandre Brown
Idea on first deal.
Hey, good afternoon/evening everyone. I am a new investor and have been exploring deals in a few markets outside my area for the past month and a half. While researching and evaluating homes, I had an idea for managin...
Tyler Carpenter
Buying on contract?
How do you go about buying a property on contract, to where you name is at least mentioned in the deed somewhere? The reason I ask this question is because what im looking to. I may or may not be able to accomplish th...