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I've dove deep into the realms of real estate wisdom, heard every guru spiel, and read more how-to guides than I care to admit. Yet, here I am, stuck in the bog of analysis paralysis, feeling more confused than when I...
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LLC Loan: Documents insisting on waiving rights (state: PA)
Loan documents I am being asked to complete require signing away many rights. Lender is stating this is standard language (purchased standard form etc.Lase...
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I am seeking a blanket loan for some properties I have under land contract at the moment and have been running them for about 2 months. I spoke with a loan officer from a small bank and one of the things he's requesti...
Is there a difference between an investor and a lender?
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Im looking to buy a property in MA that I can live in for the next 2-5 years and then rent when Im done. Properties range from 300-400k. I could put 20% down but will leave little to no room for improvements/work th...
Hi all!Looking for pros and cons as well as any additional foresight for the following scenario:We are looking into buying property and building a new construction. While the bank has no issue loaning me more money t...
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Me and my girlfriend are looking into getting a condo or a house for ourselves sometime very soon before we start our RE investing endeavors. I spoke with a loan officer at our credit union who referred us to someone...
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Hi all,So I've been running a bunch of deals to familiarize myself with markets and the systems and ran into a bit of a hiccup. I plan on using a HML for the property I buy. The issue is there is no place to input HML...
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I am 37 and currently live in a home that is worth 500k and is fully paid off. I am planning to purchase and move into my next house of $650k. We have more than enough for the down payment.
Would it be better to:
...
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I am setting up a deal in which I will get investment in the form of a loan from a private investor. The investor will not have any interest in the property, but will have a promised return of a specified percentage o...