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what is the best way to create a contract for a private investor?
Thanks,
Bryce
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Mortgage Expert Witness consultation, research and testimony is often used in mortgage litigation cases. I do this work sometimes, but wanted to ask what common types of mortgage litigation others are seeing, especia...
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Do you necessarily need a promissory note if you file a mortgage? Say for example, I lend someone $5,000 on a free & clear house (listed for sale with a Realtor) and file a mortgage for $10,000 once the house sel...
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Often time, prospective home-buyers become homeowners by securing a secured mortgage loan in the first instance and then subordinate them with a second mortgage loan, often known as the home equity loan. Due to the...
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Although I've attended many real estate Meetups and REIA group meetings over the last decade, none deal specifically with notes, and in fact most of the attendees seem to have little knowledge about them.I understand ...
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Hi all - I did a search here but couldn't find a consistent answer. Hoping for one here. Situation: This is my first time lending money. It is a first position note for 12 months to a borrower who paid 6 months of int...
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I was driving through Salt Lake City yesterday and couldn’t help but notice so many of the FOR LEASE signs plastered on all of the commercial office buildings lining the main highway. Most of these high-rise office bu...
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I have been spending a lot of time reading blogs about owner financing of real estate transactions, and there seems to be myth out there that you can not do owner financing if the property is not free and clear. I’m...
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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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I'd like to get ideas from BP members on the topic of seller financing under the new laws.
Not looking for smart comments from several we already know don't like the changes but here's the fact:
It's th...