Yan P.
Capital Structure of Private/Hard Money Lender
I know we have some experienced lenders on BP as well as experienced investors who would know how larger Private/Hard Money Lenders (PHML) are capitalized. Is it always all equity or do the PHMLs ever have a mix of e...
Doug Bryant
100% Financing Lenders
I've been looking around for lenders trying to further my education on everything before I start working on my first deal and I see lenders typically finance only 70 to 90% of the ARV. Are there any companies that wil...
Brandon B.
Would you sell or hold?
We have a single family rental that a previous tenant would like to buy. Last year the house appraised for $126,000. It is rented for $850/month. I built the house as a spec home in 1999 but couldn’t sell it at the ti...
Conway Churaman
Need a plan to raise $80,000 in 2 months
So I am basically out of savings while I sit here in Orlando Florida waiting for a few months already trying to figure out my first move in real estate.I quit my job of 12 years in New York because of my dreams of bei...
Joshua Cole
Was I mislead in a deal involving cross colateralization?
Hello,I recently had a deal fall through that I need some advice on. A property that I own was on the market. An offer was received that I accepted. On the initial agreement, it clearly stated that the buyer was go...
Account Closed
Purchase as equity for the loan (How-to)
How do I use the purchased home as equity for the loan? Is it wise to do this, or is it better to use a separate asset as bank equity for the mortgage?
Gregory Boudle
cash to get started
I hold a reverse mortgage for my elderly parents. Can I use this as collateral to borrow some start-up funds. If so what type of lender should I be looking for and am I putting my parents future in jeopardy?
Rodney Marcantel
How do I get equity line of credit
I have 2 homes, one is owner occupied, and both have no mortgage. I'd like to use this equity (some of it) to fund house flips and RE investing. 220K in one home and 425K in our owner occupied home. What's the best wa...
Amit G.
Looking to establish relation with Private money lenders
Starting out and looking to establish a long relationship with Private money lenders local to my area. I don't have any concrete leads yet but as they say there is no harm being proactive :). Generally, what all are...
Amber Imasuen
Loans for vacant lots
I have 2 vacant lots that I would like to leverage to buy another piece of property. Where can I get a loan against or a loan using the vacant land as collateral ?I would appreciate some ideas...Thank You