We are just starting out in the REI game in Central PA and we have a business plan meeting with a local bank to discuss an unsecured LOC over traditional financing.  We want to drive home the fact that cash purchases ...

I am looking to lend some money to a RE friend for one year for her seed money to buy an investment home. I am coming up with two different amounts of interest. Help!
Let's say: $ 10,000 x 12% int x 1 year
When I put...

What HELOC rates are you all seeing out there in MN?

So we are in the process of closing on our first SFH. All figures seem to indicate that we will have just slightly under $200.00 per month in cash flow after all expenses. We also have $800.00 per month that used to ...

When you are in the note space, you can never see everything. This is an excellent example if why Title Insurance is important on an asset. I am doing due diligence on an asset that has a six figure price tag to it. T...

BP,

Here is my current dilemma! I have a family member who is trying to avoid going into foreclosure and has agreed to let me buy the property for the remaining balance, which is about 23K. I recently finishe...

Total shot in the dark but is anyone aware of any buyers interested in nonperforming unsecured notes?  I had my former tenant execute a promissory note for missed rent upon move out in exchange for withdrawing an evic...

I have a nice property with about $100K equity in it - 50% LTV. I have owned it for several years. I wanted to get a Home Equity Loan on it to shuffle some of my equity around between properties but none of the big or...

Clearly there is a lot of due diligence required when acting
in the capacity of a private money lender, but are there any particular
measures that one takes to help to ensure your financial protection such as ...

A 2nd Mortgage, for which I hold the Deed of Trust, was stripped during Ch. 13 bankruptcy in 2013. The value of the home was approximately the balance of the 1st mortgage at the time, so the court had no problem strip...