Cynthia Gomez
PML for New Construction
I am looking to build a SFR on .5 acre in AZ. I am a licensed agent, have done Fix and Flips and Wholesale. I have looked into different PML online and it seems that their requirements are very straight forward but th...
Joehn B.
Hardmoney loan cross-collaterilized?
Hi,
I have rehab cash+, and tons of equity, and want to buy a known un-redeemable property at Tax deed sale for a flip.
Is there a lender that will loan just the purchase price, collateralized on one of my propert...
Justin Morris
Startup Business Loan
How hard is it to get a start up business loan, I'm thinking something small like 25K. How much of the requirements fall on your own personal situation and credit?
Patrick Scanlon
Seller Financing Proposal
Good morning BP! I'm working on securing my first investment property, the plan is to us seller financing. The property is a 3/2 duplex that the seller owns free and clear. The property is off market currently, the ow...
Bruno C.
Finding the best rates with excellent credit (780+)
Does anyone out there have any unique ideas for negotiating the best rate around on a conventional mortgage? I'm looking to make my first purchase and leverage my excellent credit to get a low rate. Any tips?
~Bruno
James McGovern
Are Hard Money Loans always more expensive than Bank Loans?
I am looking for a loan where I am putting 20% down on a multifamily property and wanted to know whether it makes sense to bother looking at the hard money lenders on biggerpockets or should I only consider banks?
Abraham Anderson
Invest in Property LLC Using Leverage?
I'm looking at a commercial multifamily property that's owned by another investor. Property was purchased at ~$1M and is valued at ~$1.5M. This investor has debt on the property around $650K. The property is in an LLC...
Lucas Pfaff
Advice for Financing 3 Properties After Subdivision - Philadelphia Philly PA
I recently subdivided a property and need to acquire new financing...this is sort of a complex scenario (at least it seems like it to me), so any advice would be appreciated. I'm basically looking for confirmation tha...
Henry Clark
Mentor 9- Financing
Read post 1. This is a broad discussion. There are many ways to finance by situation.A. Sources- personal, collateralized assets, Credit Unions, Conventional Banks, Hard Money Lenders, Relatives, SBA, Farm Credit ...
Jamie Brasseal
Default on Private Loan
If a borrower defaults on a loan, does the lender have the right to secure the collateralized vacant property prior to foreclosure?