I have a house for sale where the interested buyers are a couple of months away from having the lender required pay-stubs. Both buyers are new college graduates, one with a masters degree with excellent credit, and bo...
As a soon-to-be first-time homebuyer, I'm facing a dilemma. I am looking to purchase a double and house-hack. Should I purchase the property in my name or set up an LLC as I look to start my journey in real estate inv...
Is there a way to start your real estate portfolio or a business without having collateral or mixing personal finance’s? It’s insane trying to get some sort of funding via SBA Loan because some require either 25% of w...
Hi,
I was wondering what everybody's opinion is of making loans in second position. Under what circumstances is it alright to consider a loan in second position? Thanks in advance!
Hi All,I signed a promissory note secured by a single family home that a real estate investor intended to flip. The real estate investor has advertised on this site, and continues to advertise joint ventures and priva...
I am looking to purchase a fixer using my VA loan. I know that the VA loan requires an inspection prior to approval. Can somebody tell me how they get around it without paying for the fixes yourself before you own the...
I purchase non-performing 1st position notes. Like most notes investors I am used to seeing a lot of odd things during due diligence that can make or break a profitable deal. While my goal is to attempt to work with t...
Example: a $1m 20-unit - Investor loans 100k for down payment- agreed to 15%/yr payment to investor(15k)My question is: does investor get paid monthly at 15%? If not, then how and how much and when do I pay the invest...
I am a remodeling contractor and have a long time friend/acquaintance with significant resources and capital. We are considering a partnership where he provides funding and I will manage the projects. Our focus will b...
Hi All,I am working with a business partner to invest in real estate. Our near-term strategy is probably best described as BRRRR single family residential (detached SFR). We are currently in the planning stage, but ho...