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Need help understanding private lending process
I would really love if someone could give me a big overview of how the private lending process works. I'm a beginning investor and i see the power of using private funds but i just don't know the proper and legal way ...
Travis Carpenter
Finding Private Money Lenders
Looking for ways to reach out to Private Money Lenders in my area. Actual private money lenders, not hard money lenders. Any suggestions? - Thank you in advance
Ward Conville
Made offer on 4 houses/rejected/How high to go
Hello,
My first post here. I have been very pleased with the discussions I have seen on this site. I am a part time investor with 11 SFH and 1 duplex. I made an offer on a set of 4 houses for $154,000. Seller rej...
Sarah 'Sadika' J.
Location VS. Great Schools
Hello,I'm looking at investment properties in Gaithersburg, MD. I'm conflicted about two properties. One property is walking distance (15min.) to metro station and shopping center but has average schools (Elementary r...
Bradley Rosenberg
one website that lists all the Mortgage Note Funds/Opportunities
Is there one website/location that would allow me to review/look through all the various Mortage Note Funds/opportunities? If so could someone please provide me with that information? Thank you.
Corey Dutton
Banks Face Two Difficult Challenges Going Forward
Banks, both small and large, are facing two extremely difficult challenges that threaten their continued existence in the financial services industry. Blindsided by the financial technology sector that has produced su...
Sam Byrd
Private Money
Your thoughts...
I have an offer for private money funding for flips. Lender will fund acquisition, rehab, closing costs, marketing, etc. He is asking for 40% of profit after expenses and I keep 60%.
In general ...
Jim Farrell
Current Hard Money Terms
OK, I know I'm probably asking a question where the best answer is "It depends". However, I'm wondering what hard money terms YOU might consider for a $100K loan on a SFH rehab, with an expected in and out term of 9-...
Jeff Fairchild
What's the structure/setup for an Reo?
Which of the below strategies would be best? Or what other ones do you have that would be better?
1. Prequalify for hard money loan. Get loan, do light fix up. Hold until able to sell to a consumer
2. Prequalify f...
Evan M.
Negotiating Advice for Newbies
Wondering if someone can give some newbies advice. We are looking at making our first purchase of a single-family home rental property out of state. The particular home is $200 K and we could supply 20% down. We just ...