Elda Castillo
Need more capital to complete rehab
Hello BP community,
I am rehabbing a house that needs more work then what I originally planned. This is putting above budget.
I took out a rehab loan to flip the house so I'm in a bind to raise needed funds to compl...
Andrew Fielder
Non-performing notes / Environmentally distressed opportunities
I'm looking to buy 1st position non-performing notes collateralized commercial real estate assets. Environmental distress is a plus!If anyone could put me into contact with any direct sellers, banks, servicer that wou...
Ray Trounday
Do folks include loan servicing fees when calculating yield?
I wanted to check with folks to understand whether folks include monthly service fees when calculating yield on the note. One option is to deduct the fees from the monthly payment you receive from the borrower. The ...
Shafi Noss
Loan on Warehoused Materials
My partner and I have around $200k of housing materials warehoused for future rehab jobs. Furnaces, heaters and the like. Are there any lenders that would lend at low LTV on these? It would help us to have access to a...
Thomas B.
Can someone lend money to my self directed IRA?
Short story, Im trying to close on this sucker here(ML#:11669241). They just dropped the price from 160,000 to 138,000. I happen to have 137,000 in my self directed IRA. I keep trying to get them down to 133,000......
Carlos Liriano
Raising funds for Commercial Real estate investment start-up
I have a business plan and good strategic model to generate leads and close deals on multi-family. Would I be able to raise funds for a CRE investment business?
Kyle Lewis
High Appraisal for land I purchased
Hello,I just recently bought some land for $50,000 and it appraised at $90,000. I plan to put two duplexes on the property but with this high appraisal is there a smarter thing to do to pull that money out of it or ju...
Bryan Price
Hard Money Loan Past Due (any red flags?!!!)
Hi All,I signed a promissory note secured by a single family home that a real estate investor intended to flip. The real estate investor has advertised on this site, and continues to advertise joint ventures and priva...
Cecil Russell
This has to be a doozy of an idea: Is this even Legal?
2 properties for sale in the same neighborhood. 1 is 45,000 the other is 49,000. Tax assessment of both is 10,000 lower that the asking price. The offer made is: He, (the owner) will sell both for &5,000 cash and...
Boyd Hunter
20% down Foreign National Loan ?
Hey BP members
I'm looking to finance a property in CA looking for a foreign national loan but hoping to put down 20% deposit if possible. From what I see most lenders like 30% down...
Thank you