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I was speaking with a lender of newly originated/performing notes. All of what he is offering sounded like what I would like to invest in currently. Person is BP member and Company has been around a number of years so...
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I want to get cash out for two small rentals for about 100K. One option is to get two home equity loan for $50K each and another option is to get one home equity line of credit for $100 K. Which one should I choose...
I applied for a loan on a 5 unit multi family dwelling through PropertyGo and they shot back with a term sheet from Ted Kapnek of Apex Mortgage Company, which is a subsidiary of first trust bank. He sent me an email s...
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BP folks,I am looking for some guidance on a current issue. I have an investment property that I need to pull equity out of. I asked for some financing to purchase and rehab it and now it is coming due. I wanted to ge...
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Orem, Utah based Marquis Properties defrauded hundreds of investors out of $28 million. Story by KSL below:http://www.ksl.com/?sid=38381479&nid=148&fm=most_popular&s_cid=popular-1SALT LAKE CITY — An Orem m...
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Hi fellow real estate gurus,Has anyone used any lenders of lines of credit for NJ? Any recommendations are appreciated.
After some searching, I was not able to find an answer to this unique situation:
I have two friends (US Citizens) who work as missionaries in El Salvador, and currently own a house there. The US interest rate...
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Household income more than qualify for investment property mortgage. Can the mortgage be under my wife’s name (she is stay home mom)?
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Recently, I came across a lender (not sure if Hard Money Company or Private Money) who will provide loans based on the equity you have on your current properties. The beauty of it is that you receive all the money at ...
BP'ers!So I'm trying to find an "investor friendly" title company. So I started calling title companies and the first one said that it's "frowned upon to make any money at all off of a housing transaction unless you a...