Bryan Hancock
Hypothecation Loans - Who Are Common Lenders?
If one wishes to carry back paper on an asset they own free and clear and later pledge the loan receivables as collateral for a new loan who would they normally contact to loan this money? What sorts of terms are gen...
David Flanders
Self Directed IRA Setup
Good afternoon. I may be interested in setting up a self directed IRA for rental property investing, but I have questions. In particular I'm looking for a way to use SD IRA money to buy and rehab properties and then...
William Bratrud
He Gave Me $500K.....To Play!
True story,About two years ago I was approached by a wealthy friend and given the opportunity to manage and invest $500K of his funds into the real estate market.....whats the catch you ask? no catch, After watching m...
Andy Acosta
Private lending / Partnerships
Looking at doing my first partnership with another investor so very new at this. We’re looking at doing a 50/50 equity and rev split. Do we technically have to have both names on the title in order to share the equity...
Annwar Matani
How do Hard Money Loans work?
Hi everyoneCan someone explain to me from start to finish how does a HML work? I always get scared when someone suggests HMLs... I literally think of loan sharks or getting your house or assets taken away from you whe...
Kory Erickson
Rental income from conventional loan used for FHA loan less than 100 miles away
Hello, I wanted to know if there was anyway around the FHA 100mile rule when it comes to using my rental property from the house I am saying at now to the house I want to get into with a FHA loan. The new house is a n...
Ryan Bradley
Can someone explain balloon mortgage to me in layman's terms?
Ok, so I am thinking of seller financing a home and it was advised I offer a certain % down and approach the seller about a 5 or 7 year balloon mortgage. I would make payments every month to the seller and at the 5 or...
Theresa White
Can my SDIRA lend to my husband's SDIRA?
Hi BP folks,So I've googled until I can google no more! I cannot find an answer to this question:Can my husband's IRA buy a property with a down payment, where the rest of the purchase price is covered by a private m...
Andrew P.
To pay off or buy more
Hi all,
I just started a real estate company and we are up to 8 units. What is the better way to make money and expand, pay off existing mortgages sooner or acquire more properties?
Nalo Coban
Personal Loan for down payment to get started???
Hello BP family,
What are your thoughts on taking out a personal loan of $10K to use as a down payment to get started on RE flip?
Has anyone done this before?
What are the pros & cons?