I just read a story that Ford is investing $350M in Michigan plants. Is Detroit making a comeback? Good time to buy up some cheaper properties?

I'm interested in lending both solo401K funds as well as personal funds to the same borrower. He's a flipper.  He wants to record one deed for his personal residence as opposed to recording a different deed each time ...

Example:  400,000 purchase price 80% ltv 1st mtg.=  $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons

I've been on the boards for a bit I guess.  I've listened to podcast after podcast and forum thread after forum thread. Tons of youtube videos as well.  I'm ready to dive in and according to some of you guys, "ready t...

A gentleman would like to borrow $20,000 and return $30000 on a short term, three month fix and flip. Does anybody have any templates for a promissory note for this type of transaction? I live in California.

It feels like I should have more cash reserve in case of losing my job or having an opportunity to buy another rental property. However, the home prices have increased even higher due to the lower interest rate. It is...

Hi AllMy question is this.  If I am lending to another investor money for reno costs for a fix and flip what is the best way to secure my investment?  Contract, property lien, etc.Thank you

Hello BP

I have a question about Commercial Mortgage Insurance. I would like to know what criteria the underwriter would look for when issuing the insurance. What insurance amount will they issue? Will they i...

The Fed is trying to add liquidity to an extremely fragile credit market.

See article:

http://finance.yahoo.com/banking-budgeting/article/104605/Fed-Pumps-More-Money-Into-Financial-Markets

Most people think that th...

So here is the scenario:First Lien is $150,0002nd Lien is $40,000FMV: $80,000Borrower is 120+ days late on both mortgages and is in Chapter 7 Bankruptcy.Assuming the Property Taxes + Late mortgages there is about $20,...