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Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water. When I tried to get it when my side of the family found out and tried ti tak...
My question is: will the section 8 authority turn down a lease altogether if they think the rent is to high? I ask this because I really don't want to lose a tenant that I have. She has been there 8 years and is payi...
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I'm looking to purchase my first 10-unit apartment building in Ohio. I live in California, so I am not familiar with the local banks in Ohio. I did reach out to 1 local bank which was recommended by the listing agen...
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We are looking to avoid the conventional mortgage route and use private money to buy our first house. It's a large 2 story in a multi-family zoning district so we plan to place 2, or maybe 3 units here but the house ...
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Good Morning,My company has a couple potential private lenders who are interested in lending to us for the purchase of a distressed residential property. My company will serve as the Gc over the project once complete,...
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I have had some discussions with an organization called Privatemoneymen.com they are located in Georgia. They do private lending. Has anyone out there had any dealings with this company? If so what did you think of th...
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We recently had a seller request we wire the deposit funds into escrow before they signed the purchase agreements. We backed out on this request. The escrow agent said that this was common practice but we have never h...
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I recently read a book about raising private money by Susan Lassiter called getting the money. In the book she talks about the importance of finding a loan servicer to handle the money doing transactions from your pr...
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I have recently set up with a private lender, and had problems with my existing insurance company. They would not offer coverage for the mortgage with private lender? Can anyone recommend an insurance broker/company s...
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So how exactly do you vet Private Money Lenders when “Private” is their First name?? Let’s be clear, I’m not talking about Hard Money Lenders who are somewhat regulated by your state or local real estate boards. Inste...