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Hey everyone!Newbie here probably asking a very basic question, but nonetheless, I need some clarification. I am trying to figure out how the process of paying back a private money lender works. Now, I'm sure there ar...
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Hi all-I’ve done quite a bit of reading and searching the forum - some posts came close to my scenario but not on the mark. For 3 years I have been JVing with a partner to buy Mortgage Notes (6 plus to 1ur holding) - ...
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Hello All,
I wanted to introduce myself to the Forum. I am no longer sitting on the fence, sitting and thinking and pontificating about how wonderful life would be investing in real estate. I have made a commitment...
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I'm new to all of this and do not know where to start. I'm afraid to make offers to create deals because I don't know where the money will come from and I can't ask for money because I do not have a deal. What do I do...
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Hey guys,My dad just threw an unexpected curveball at my two older brothers and I, saying he wants to reduce his and my mom's tax liability/burden by unloading one of his properties (a 1 bed condo/apartment unit on th...
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I just got back from day 2 of the Rich Dad seminar taught by Elite Legacy Education. Our instructor Trevor Evans showed us what they call "Double Principal" payments. This is NOT the same as paying two mortgage paymen...
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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...
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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...
Is there a difference between an investor and a lender?
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Hey guys, not sure if anyone would know, since this might be kind of random, but:If I'm wanting to start a small "loan servicing" company that is looking to handle PITI between sellers/lenders and tenant-buyers in se...