Bob Malecki
Help w/matured 1st note with deceased borrower and heir occupant
I'm doing my DD on a 1st position note on a home in GA. This was a 15 year note that matured in 2015. The borrower is deceased and from what I can decipher a relative is living in the home and states she has ownership...
Frank Y.
Borrower change from LLC to C-Corp impact on current mortgage
Hello all: We lent money to a LLC (two members) last month, and now the LLC wants to change its structure to C-Corp. What impact do we have to our current Mortgage and Note, or what do we (private lender) need to do? ...
Navid Goudarzi
FHA loan with a co-borrower and almost no prior income?
Hello, I'm a 20 year old university student from Texas. I've been studying real estate investing outside of school for most of my time at the there. I'm also attending the university for basically free, just to let yo...
Lalainya Rawlings
Hard money loan on foreclosure to mortgage with a co-borrower
Hello,My partner and I are looking to buy a house at foreclosure. We'll use a hard money loan to acquire the property but then put a mortgage on it. We have the pre-approval ready to go but with my parents as co-borro...
Brian Yelder
Borrowing money for Flips from private lender. What docs to use?
I'm borrowing a line of credit for flipping homes. What documents or advice does someone have so that they have some collateral?
Clarissa McPeck
Can I borrow from friends and then lend at higher rates?
I've been lending to rehabbers at 12-15% and now have friends asking to place some of their money at 7-9%. I'm thinking I can borrow from them to lend out and make the spread. My question is, how do I give my friend s...
David Smith
How much can borrow for an 8-family building in NJ
Hudson County6% cap. around $1 million price point. All units are vacant.. very good rental market. How will lenders consider how much money they can lend?What lenders shall be preferred for such loans?
Jonathan Olivares
Would a primary mortgage allow me to borrow the down payment?
I'm interested in purchasing commercial real estate for investing purposes. But would the bank allow me to borrow the down payment on big apartment deals? (80+ units)
Dalton Osmanski
Is it possible to borrow money to purchase a foreclosed property?
I have always heard that you need cash to purchase a property from the auction and I wanted to see if anyone in the BP community has heard differently or has any suggestions as to how to raise enough capital to purcha...
Brad Hornecker
Borrowing Private Funds for REHAB ONLY when house is on mortgage
I would love to hear from someone who has structured a loan in this way or an experienced investor who can give some insight.I am currently in a live-in flip in College Grove, TN. I already own the property on a 5% do...