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Results (5759)
Tamas Z. Are individual tenant screenings legit for commercial apps?
2 September 2016 | 6 replies

Hi,General question about prospective tenant screening for commercial space: If a new applicant comes in, and their business doesn't really have enough history to have a good background picture (e.g. new biz), is usin...

William Smiley Business Line Of Credit
4 May 2020 | 3 replies

Hello, 
My wife and I have recently purchased our first property, and started our LLC. We have been using our own money to upgrade the property to increase its value. But this limits the amount we can put toward purc...

Hoa Nguyen Do hard money lenders care where a DP comes from?
28 March 2024 | 3 replies

Just got denied lending from a supposed HM lender due to the source of the down payment coming from a personal loan. I understand the risks, regarding the method of using a loan to get a loan, but was told that Hard M...

Joe Bourguignon Sell with seller financing note questions
14 February 2019 | 13 replies

I’m consIderIng selling a rental SFR with seller financing and have a couple of questions.

- who do I need to write the note (originate?)
- can I use some percentage of that note as collateral for getting another lo...

CL Ziegler 20 percent down, always? (is it possible to do less?)
3 April 2014 | 31 replies

Hello,

Is the 20% down payment guideline a fixed rule across the industry? Or, is it possible to get a mortgage on rental property for a smaller percentage down payment? (maybe 5-10%, or even *gasp* no money ...

Dennis Powers why invest in a deal if there is no value add?
14 January 2019 | 9 replies

Hello BP, Looking for ideas or feed back!So I own 8 properties just outside of Boston, all being rented out as sober living houses. The cash flow is awesome, so good I don't mind paying market value or a little over. ...

Taylor Green How much should borrowers track record matter when private lending?
14 October 2013 | 13 replies

Hi,

I was interested to see how much a borrowers track record should matter when you are thinking about lending on one of their properties.

If a borrower seems trustworthy and has a long, flawless track...

Jon Pool Is this usury in Colorado?
20 June 2017 | 9 replies

For the sake of clarity, I am using simplified round figures...

I took out a six-month hard money loan to improve a property I already owned in my personal name (paid cash) for $100,000 nominally, with 5 points orig...

Howie Baker I acted as a private investor and I am not getting paid back
7 August 2015 | 6 replies

Greetings Pro Members,A person I have known for five years and who early on in my career acted as both a mentor and coach for me got me interested in being one of several private investors in a high end flip he and hi...

Tara Williams How to know if Private Money Lender is legit
7 June 2019 | 6 replies

I’m looking for a private money lender and one person gave me their info via FB to start applying, but I don’t know how to know if this person is legitimate and not a scammer once he gets my info. He says all he needs...