Has anyone had any experience with a "pari passu loan"? The term means "equal footing" or some such. This came up in a situation where two people might be lending to one borrower, and they want to be in equal positi...
Here's the deal: I would like to borrow about 70-100K from Mom and Dad to buy and fix up a property that I will hold and rent out. We're thinking about a 30 year loan at 5%. My parents are retired and would just li...
I'm working on a deal to purchase a pool of np 2nd notes and would like to use a private money lender or a jv. This is my first time trying to raise money to fund a deal so the process is both exciting & a bit ner...
If you’ve ever taken a loan from a bank, you know funding can take months and come with headaches. Experienced investors rely on unconventional ways of financing deals. Two methods of this are private money and hard m...
What sort of terms are you guys offering when borrowing private money for a flip? Taking the money on as an equity partner in the project. Any insight would be appreciated!
hi everyone. I have a property owner who just wants to deed me his property for a fee and have me do the short sale without his involvement at all. Are banks open to such Arrangements? Anything I need to look out for?
I BORROWED ALMOST 100K AT 12%...AM I CRAZY???How many would balk and walk? How many would tell me it is a BAD idea? How many would NEVER consider paying that? The fact is, it does NOT matter what you pay for money in ...
In a separate thread there was a discussion of using whole life insurance to shield income from taxation for business owners with a payroll. My understanding is that this technique is used so that the owner with payr...
Do all these fees apply for the same transaction?Fee Structure
Lender’s Fee: A percentage of the Loan amount paid by the borrower to the lender
Lender’s Commitment Fee: This will get paid by the borrower to the Lend...
For years I have been investing in rental properties. My experience has always been with single family properties. I have also managed apartments and have always managed my own properties.
This year I have been wor...