Good afternoon,I started to lend out my own capital back in January 2024 and have originated 14 short term loans on new construction sf homes. The notes are 4 months in length. I'm wondering about servicing these afte...
I seller-financed a house to a buyer. The note is for $135,000 amoritized over 30 years at 7% interest. The note originated on 1/1/2022. Buyer has made every payment. The house is now conservatively worth 142,000. Is ...
Has anyone on here used company credit to buy real estate? I've been talking to a company that said they could get me a company line of credit for 50-70k with in 6 months.
I was thinking what if I used the company ...
So after reading books, frequenting bigger pockets forums, podcasts, webinars, and YouTube I feel like I am ready to buy my first sfr. I have found a really nice deal and the owner owns the property out right (owes no...
Hi - I've been holding a note for a friend for 7 years now. Ready to move on. What are some companies that buy these loans? I have gotten letters from companies in the past but threw them away.
I'm sure other investors run into this problem as well...I was going to create an LLC a couple months ago until I found 99% of banks wont lend to LLC, great. So I purchased my 2nd rental under my name again. And even ...
BACKGROUND: Bought a property SUBJECT 2 an existing 1st lien (lets say serviced by Shellpoint) years ago. Loan is NOT in our name but in the name of the original borrowers. This account includes ESCROW IMPOUNDS being...
Looking for some advice and ultimately, a lender to fund.Situation:My business partner and I have multiple LLC's together. We currently own a commercial building that used to be a Huntington bank that we have convert...
Hi,Checking if anyone has any recommendations on how to go about setting up llc and how it impacts personal loans for the same. Looking any recommendations for companies that help setup llc For properties in Dallas ar...
BP community, I'm asking for your help! I'm in quite the predicament.I have a great opportunity in front of me to start the real estate journey I've always imagined.... Buying a multifam with a partner, our projection...