William D.
Using a Co-Borrower on an Investment Property because of Low CS
My credit score is 667, with no major issues and my salary is $93600. From my research it does not meet the minimum 680 for an investment loan. My fiance has a 720 score but only makes $30000. Would she be able to hel...
Mahmoud Gasama
How to determine who the investor is on any deliquent loan/borrower
HiHow do you find out about who the investor is on any loan?I have 3 short sales that I am working on and knowing who the investor(s) are will help to fast track the process.
Richard C.
General Question about borrowing against property in a family real estate trust.
General info appreciated. Situation is this:Vacation property in a family trust. Worth say $1 million. Would like to "buy out" 2 of the 4 members of the trust, for $500,000. Assuming the remaining 2 members had su...
Tony T.
Can Gift Money for a New Mortgage be Borrowed by the Gifter?
My wife will be the only one applying for a mortgage. But since she just sent $70,000 to the current mortgage, she lacks the down (seasoned) money for a new mortgage for a home we stumbled across.I know gifting 70,000...
JP Larcheveque
US citizen looking to borrow in the US with only foreign income..
Hey all,Just moved to Phili from London to do an MBA. I get rental income on my UK properties but as I am a student I have zero income in the US. I will be approaching the landlord of my current property with an offer...
Nigel Prentice
I'm a Private Lender. How do I connect with borrowers on BP?
I've recently begun lending my personal capital to fund small deals here in Texas. Can I directly announce my availability here on BiggerPockets, or is that frowned upon? If allowed, where do I post it, just in a stan...
Mary Ann
How do you pay back people you borrowed from for a deal?
Can someone please explain to me in baby English how you can pay back a private lender - who is a regular person? For instance, I'm interested in multifamilies, buy/hold properties. A hard money company told me I ne...
Andrew Imani
Where can I borrow money to then lend out on secured loans?
I would like to start earning interest by borrowing money and lending the borrowed money out secured by real estate. My ultimate goal is to become a private lender without having any money myself. Is there a way to bo...
Joe R.
cash bought,LLC owned rental property-How can I cash out/borrow..
I have cash bought, LLC owned property.I wish to keep the property & borrow against it to get a line of credit.-Does anyone know of specific lenders who who will assist me?-What products can I use? Do I need a com...
Joe R.
cash bought,LLC owned rental property-How can I cash out/borrow?
I have cash bought, LLC owned property.I wish to keep the property & borrow against it to get a line of credit or a cash out refi.-Does anyone know of lenders who who will assist me?The 5 local banks I contacted s...