Michael Randle
How to become a hard money lender?
So we all know what a hard money lender is. But the question I have is how do you become one? Does it require any sort of state or federal accreditation? Do you need to have a certain amount of start up working capita...
Larry Higgins
For Newer Investors Driving for Dollars Or Investors Skip Tracing Vacant Properties
When I got started in real estate in 2014 and I was struggling with marketing I fairly quickly got really good at driving for dollars and researching properties and ultimately getting in touch with property owners and...
Corey Dexter
Do private lenders request you to send money to Walmart?
I am dealing with a private lender and I wired the initial security fee to him. The account manager did not bring the paperwork we signed to transfer the funds which caused a fee of $6000. So they want me to send the ...
Billy Bob
What are potential issues with private money lenders?
I'm considering using a PML and putting up a rental property I own out-right to buy another investment property for cash. It would be a 50% LTV. The lender would be the mortgage holder on the Deed on the propert...
Henry King
Wholesaling Cleveland, OH
I started my real estate investing career in Jan. 2012. My focus has been on wholesaling to generate capital. So far I have only completed one deal on a commercial property. I sort of feel like I've hit a brick wal...
Andrew Stoll
Do judgments attach to a foreclosed home?
In researching titles, I have found many owners to have judgments against them. Being new to the game, I try not to risk acquiring a home that is owned by someone with a judgment against them, especially if I'm not...
Matthew Rembish
Lending Money to Brokers
So I have been recently talking with my real estate broker and had mentioned that I would be willing to lend to other investors at a 10% interest rate while I was out of the game for a little while and studying for an...
Jake S.
Private Lending Questions
I have a potential deal in the making, and have a private lender lined up.I, and the lender, are new to the private lending game, so what sort of paperwork/contracts need to be in place before the deal happens?Really ...
Mark Mitchell
I have a situation to see how to handle it:
I found a motivated seller who resides in California and owns a property that was deeded to her by her parents in Little Rock, Arkansas. The price started at $24,000 and we negotiated to $14,500. I went to look at the...
Mike Soofian
Analyzing a Foreclosure
Hi!This is my first post so I am excited to finally get involved with the forums. I found a Bank Owned, Foreclosed property that I think is great at first impression. So it now time to collect the numbers and do math....