Derek Gansebom
Owner Financing Down Payment
Hello! What are my options for coming up with the down payment for an owner financed deal? The owner is wanting 20% down. I currently only have enough capital for about half of the required down payment. Can I use tra...
Willie Banks
Lender Wants to Lend Based On LTV Purchase Price
How does the loan process take place when the Lender loans base on the LTV and the Purchase price and not on the ARV?
Manuel Torreira
Open Lawsuit Against HOA
I bought my first rental condo a year ago and I am trying to do a cash-out refinance on my unit. However, the HOA has an open lawsuit against them due to a fire that took place in another building two years ago and a ...
David F.
Using Land as Down Payment
Which valuation would a traditional bank use as down payment, the price I paid for vacant land or an appraiser-determined value of the land? Thanks in advance.
Jaxon Brown
Using equity of a foreign property
I’m at a point to make a property purchase soon but debating whether to purchase an investment rental at home in the US first or purchase my condo abroad where I reside first. If the foreign condo is bought in full wi...
Brenda Nguyen
Asset-based lending for 1st property flip in Philly?
Hey all,Have you worked with any asset-based lenders who don't put as much emphasis on your personal assets/financial statements in Philadelphia area? I'm looking for residential hard money lenders who are reliable a...
Miles Tiglao
How do you vet private lenders?
I'm talking to private lenders but I can't seem to find info on some of them. BBB.org, reviews, etc. Are private and hard money lenders required to have a license? E.g., NMLS
How do you guys vet a lender to make s...
Matt Cariello
Best way to structure this purchase? Foreclosure with partner
Hi everyone,My partner and I found a very solid (single family) flip opportunity in Milwaukee, WI (where we both live) that just went from a short sale to a foreclosure. I have personally never purchased a flip throug...
LaMancha Sims
Why Use A Hard Money Lender
The hard money loan is considered asset-based financing. This simply means that the person who is borrowing uses the physical property as security in exchange for financing. This type of transaction mostly involves re...
Bellman Tumasang
Finance Commercial Property in LLC no personal guarantee?
How do I finance a commercial property in an LLC with no personal guarantee? A lot of people say oh you always need to personally guarantee because the lender wants to minimise their risk but I know it’s possible.Is t...