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I found someone that wants to lend me money, but he is a first time lender and I am a first time private money borrower. We have agreed on the terms of the loan and everyone is happy. I have an attorney helping with ...
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I have a mortgage against a certain property in Philadelphia, i was wondering how can i sell/assign my mortgage to a third party ?
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Public Service Announcement I was scammed by a company called Xplicit Home Loan they offered me a loan of $280K for an investment property I was looking into. They claimed to be a private money lender. After sending t...
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(I wanted to start this thread separately to avoid hijacking another thread where this subject came up. The topic is important enough to warrant further discussion.)
As @Tracy Z. Rewey pointed out, there's a huge dif...
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Hello, my question involves having my company paying me a salary. Would it be smart to do this since if I can show two years income, then I can qualify for 30 year loans on rental properties I am planning on owning. ...
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We are just taking baby steps and God-Willing, closing on our first deal next week. Its a 2-family REO. We would like to form a corporation through which we would like to buy more deals . How do we get started afte...
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Has anyone done business with Virgo Finance Company?
Any reviews/complaints will help.
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Hello!I have seen some posts around this topic, but nothing that definitively answers my questions.I just talked with a lender that will provide a loan in my name, even if the title for the property holds the name of ...
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Hey all, I was wondering if anyone had experience with First Choice Loan www.firstchoice-loan.com out of Sacramento California? I filled out a very vague "application" and was "approved" quickly which seems a littl...
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In the lending world, loan scams always target the areas where loan products are scarce or simply don’t exist. Some of the biggest scams in lending right now are following construction loans for spec homes and residen...