Jared Kuhn
Mortgage note as collateral For loan
Hello Everyone,
I am getting a mortgage note with a UPB of 60k, amortized for 6 years at 8% so the monthly payments are $1051.99. I would like to use it as collateral to borrow 42k from a private lender, interest on...
Mario Calabretta
Firtst Deal - Using Private Money
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 ...
Melvon Everett
Have anyone heard of this company?
have anyone heard of this company call Sun loan company? Suppose to be a private lender out of Florida? Everything just seem to good to be true! They do 100% financing
Dionte Graves
How do you structure your private lender contracts???
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,...
Imani Naomi
Getting Started 2024
Hello Everyone, I am looking to purchase my first rental property in Detroit. I am interested in using private money lending to make it happen. I have been studying for my real estate degree for the past 3 years and w...
James Jefferson
Reverse Mortgage Options
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...
Tim M.
Private lending @ 10% in Oakland, CA - good or bad deal?
Hello BP- I'm a first-time investor in Oakland, CA. I'm in contract on a duplex that I plan to owner occupy. The building is in extreme disrepair and needs extensive work, foundation, full remodels on both units, new ...
Chris Johnson
Where did you get your financing from?
Hi all...This forum has been a great help for me. Though i actively don't post or participate, Im reading lot of your posts which is helping me to prepare for my first venture :)
Ok here is the question. Do you get ...
Robert Whitehead
Wholesaling and Title Companies
Question,
When assigning a contract to your end buyer, is there any need for a title company when you're dealing with a private seller/cash deal? I know when you're doing a double closing you need a title company, b...
Mohamed Abushadi
Hello from Alpharetta, Georgia!
I have just recently become passionate about real estate after discovering how it can be an amazing avenue for building wealth, passive income and generational wealth. I am excited to learn and become part of a commun...