Chantél Fielder
Options for private lenders...
Hi there!I recently watched a tutorial on Youtube giving advice for structuring deals to private lenders. I am in the process of creating a deal offer to pose to private lenders (family and friends) and have a few que...
Chris Boyd
Evaluating Rental Property Mortgage Pay Off
I am looking for some feedback on paying off a rental property. I am not currently planning to buy additional real estate. The rental property was acquired with $35K down at $350K, with 22 years left on the mortgage. ...
Alan C.
Should I cash out on my refinance to buy another property?
I am refinancing a duplex and can buy down points to get a 3.125% APR on a 30 year fixed mortage (will cost me $11k to buy the points). This will be a long term hold investment. If I went through with this option, I w...
Sean Bramble
Seller financed down payment
Hi BP - I've posted about this topic before, but wanted to ask an open ended question instead. I have a seller who is willing to finance down payment funds, but my lender does not allow for a second lien on the proper...
Niv Nissim
How to structure a private money loan?
Hi guys,I have a couple of friends and colleagues that are interested in lending me some money for projects I’m doing.What options do I have to give them security except for “first lien position “ on the property?Most...
Jim Hlavacek
Velocity banking using a HELOC
Hi, We are in the process of converting several of our investment properties from 30 year notes to 1st position HELOC's, and move to the velocity banking / paycheck parking strategy, with the focus on paying down the ...
Gabe Sirkin
How to finance WAY UNDER MARKET deal, to flip
I have a deal under contract for SIGNIFICANTLY under market value. How can I finance this with little to no money out of pocket?
Mark Christopher Javier
Need Construction Loan
Hey Guys,
Does anyone know a private lender/hard money loan that can help finance just the construction portion of a project in Los Angeles? Not sure if anyone out there is able to help with this scenario.
Scenario:...
Michael Lawrence
Second position mortgages
Hi, I am located in Massachusetts and looking for information on finding a lender that will do either second position loans on investment properties in order to help with down payment or cross collateral lending to f...
Dina Joseph
Investing as 1099 employee
Question: How can I invest as a NEW 1099 employee (Ex. independent insurance agent commission only)? My last two years of taxes are from a different W2 job. How can I prove to the bank I can afford a property? I would...