Vince May
Note payment amount doesn't match with what I calculated
Hi,I'm new to investing in notes and found a note on FCIexchange and was trying to understand why the payment amount differs from what I calculated the monthly payment should be using the PMT equation. Based on the or...
Brandon Dionglay
Hard money for fix and flip
Hello all!! This is my first post on here and excited to share my real estate investing journey with the best partner in the world, my wife.. we are looking into buying our first investment property via hard money. We...
Gurusubramaniam Sundararaman
How do you get loan for property purchase - With out being employed.
Hi, I moved from CA to NC, and I lost my job. Recently came across a few good within my budget properties and do not want to lose the opportunity to invest and wondering how to go about the loans since I am not employ...
Matthew Spiers
Cap-Rate Qualifying Loans
Hi everyone, I've posted on here a few times trying to find the right lending product and lender but haven't had much luck over the last few months. I'm about 6-8 weeks away from finishing up a 4-unit construction pro...
Rivy S.
First Successful Wrap!
I've been focusing on wraps instead of rentals because I find that the margins here in the DFW area are really tough to cashflow for rentals (if you are conservative with reserves). Also property taxes go up so much a...
Karen Margrave
HELP NEEDED - REVERSE MORTGAGE - EVICTION PROCESS
I have come across a lady in northern Californna that is 76 years old. In 2008 she and her husband were taking out a reverse mortgage on their house, through Capital Funding from Texas. Apparently there was a telemark...
Mike Campion
Great Credit, Good Assets- no "income" how do I get financed??
Like the title says, I have good credit, lots of liquid assets and no debt. Problem is I just sold my business and am going into real estate full time so I have no income. I have cash to buy some houses, but not enou...
Christopher Winkler
When Is A Re-Performing Note A Performing Note?
We are marketing some Re-Performing 2nd lien notes for one of our funds we buy from, and I consider any time a note defaults and starts paying as a Re-performing note. They have 18 months of "seasoning" and they say i...
Ruben Jimenez
How to Brrrr under a LLC
How do I qualify for a loan for my 1st LLC owned property?
Jonathan Meltz
Family loan for Deal
How would you ask a family member to loan to you for a real estate deal?
Background:
I am under contract for a 3 unit property and have traditional financing available but have thought about the idea of asking a fam...