A friend is providing down payment for hard money, and wants to secure it with a note in 2nd position. Anybody have a template we can use? Looked in files and didn't see anything great.thanks!
Hello. I am a second lienholder on a property in Long Island, and I am looking for advice on how to navigate the situation.The property: Original Loan Value with Chase: 1.3M. Second Lien Position: 700K. Current market...
I have an offer from a buyer to buy my commercial mixed use property I paid $330k for a year ago which I put down 25% on and owe about $240k on. The buyer is offering $410k which is probably right at what it would a...
Hello,
Curious if anyone has sold a home with owner-financing and designed the deal to keep a portion of the ownership of the house along with the new home owners? I'm talking about staying on the title with them, a...
Challenging a flawed mortgage I have read a few stories about home owners challenging flawed mortgages, and getting 1st position bank notes extinguished. As I understand the concept (shaky grasp at best) the key is to...
Hello All! Happy New Year to you all!!! I was hoping to get some feedback/advice/planning. Basically, I have a rental property that I am hoping isn't too late to refi (4.62%)... There is a good bit of equity in it...
Hi everyone thank you for taking the time to help me. Here’s my situation.. I live in California and purchased my first property on a 4 bedroom house brand new home build, we are the first tenants. -Purchase price- 41...
Would this be a good first deal for a rental? We live in a rural area with currently no homes on the market and very few rentals available.
Purchase price- $167,000
20% down - $34,000
Rent charged - $1,300
Mortga...
Are there roles at other brokerages similar to Redfin's Associate Agent positions? I know that licensed assistants exist. Do brokerages tend to let these roles have flexible hours, or are they usually more of a 9-5 th...
Hey guys. Cutting straight to it. Where is a good place to look to find 20k in funding for that won't be in 1st position. The senior debt will be n first. But I can't find anyone who will lend in second. 6 house...