If a commercial property is appraised for more than $800K but the sale price is $600K for me will the bank finance $600K?Thanks
Someone called off my letter that I sent 4 years ago.
Long story short, 3-4 yrs ago, three heirs inherited a house and later sold it to a son of the 3rd heir. First two heirs jointly financed 2/3 of the loan (one not...
Has anyone had experience creating a JV partnership with a contractor partner? I'm looking at a deal where I would find property, structure financing (looking at BRRRR) and be general point of contact for tenant. My G...
Seller saying they now need a bigger downpayment after agreed upon terms per subject line as they are worried we don’t have enough skin in the game with 10% down down. I think this is a bluff to get more money down wh...
Good morning. Newbie question here. Is there a particular book that is the go-to book/resource on syndication, or 100% equity investments? Particularly, I want to structure deals that are 100% financed by equity inves...
Will lenders approval a loan if you bring them a great deal? Although I may not be in a perfect financial position to get approved for a loan to purchase an investment property, ( credit score, income, debt, etc) I’m ...
Good Morning BP,
I have been flipping mobile homes for awhile. I am in Florida and if I wanted to buy using seller financing, how would I go about selling with seller financing when they are in a mobile home park. ...
Wondering if this is common and what we should be wary of as the note holder...
- We originated a note on a property (in Brazil, IN; Clay County in case that matters). We went through a local title company for the c...
Back in 2021,I found myself an opportunity in Indiana, where I lived, to purchase a house. It ended up being a seller financed deal. As it was my first opportunity to get some skin in the game, I jumped on the deal a...
When asking a private money lender for funding, do you suggest amortizing it over only the course of the loan or do you try and structure the contract so that it has a 1 year balloon with a longer amortization period?...