Dustin Verley
Comparison of "Brokering" Between Wholesale, Note Investing
I was curious how the two compare. I'm aware that in wholesaling, one must tread lightly on the side of "brokering", especially without a RE license as this opens up potential doors for legal issues. But how does this...
Bill B.
OK.....now what???
I've partnered with my mentor to purchase my first NPN. The purchase is now complete. It is a first position note. I'm very satisfied that the purchase price of the note is around 40% of the current fair market va...
Mike Hartzog
Escrow Agent for Note Sales
I am planning to begin selling performing notes to folks who need income investments and would like to have a 3rd party escrow agent who knows notes and can handle the escrow and closing process. This would include t...
Noel Fleming Jones
Credit line leverage
I recently inherited a house worth about 100K; I'll have it rented soon.I'm self employed with good credit but a low net income.Would HMLs be likely to give me a line of credit on the property up to about 75K for doin...
Bill D.
Commercial Loan with multiple people on title
Hey there... I am trying to head off a potential family meltdown and hoping someone can give me some good advice. My parents personally own a piece of commercial property in Orlando FL and they also own the business t...
Galen Dawes
INVESTOR WITH INTEREST FROM A PRIVATE LENDER WANTING TO INVEST
I have a house I recently purchased that I am renovating to resale. I also have an individual that is wanting to invest 10k to help with renovations. What is the normal collateral on my end? I really don't have any...
Hans Vermeersch
Advice on financing investment properties using Home equity
Hi all,
I'm new to the property investment world and would like some advice on the best strategy to invest in rental properties considering my situation. We have a fully paid off home currently valued at around 34000...
Bonnie B.
Owner financing question
I am looking to purchase a duplex and the owner said today that he is willing to owner finance. He knows that I have a property that I own free and clear that is worth twice what the duplex is worth. I'm meeting wi...
Kim Thomas
ISO means to leverage equity in rental property for flips
I own a condo in Hall County, GA (near Gwinnett). The mortgage was paid off about 5 years ago and owe $2600 on a HELOC that’s in the repayment phase. Market value is $200k.I flip residential properties in NC. Rather t...
Will Coleman
Applying for a RLOC to flip houses
Howdy all, I am looking into applying for an RLOC (revolving line of credit) in order to flip houses in the DFW area. I am looking for some advice. I currently have two houses with some equity that I could use as coll...