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I buy a lot of subject to deals. Can I use private funds creatively? Do you have any recommendations?
I currently have two private money lenders that I use, usually it is out of their self directed IRA. I am hoping to find more, looking for advice on how to find these people? Any advice is welcome thank you all!
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I have a little under $70k underutilized and I want to lend it with certain ROÍ, how can I do that? What kind of paperwork do I need to make sure I will get my payments? What is the process and steps to become a priva...
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Hello real estate community! I am seeking advice on obtaining financing for an AirBNB property in Northern Michigan. I am interested in either hard money lending and private lending, or a more conventional method. Has...
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You have cash on hand, but still need lending to close deals. What's your ideal lending situation when analyzing hard or private money? Ideal interest rates, points at closing, early payoff costs, etc? I realize each ...
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When does ownership begin, relative to courthouse sheriff sales? Does the auction sale date establish the day 1? Confirmation of sale date? Date of actual deed transfer? My tax guy was not entirely sure, and thought...
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HiI recently saw a property on zillow. It is listed as for sale by owner and the asking price is well below the market value of the home. I sent the owner a message and yesterday, got a reply from someone in London cl...
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Investment Info:
Mobile home buy & hold investment.
Purchase price: $36,000
Cash invested: $12,000
Borrowed $30,000 from private investor, 12% interest annually. Exit strategy, refi and repay pri...
Investment Info:
Small multi-family (2-4 units) wholesale investment in Columbus.
Purchase price: $35,000
Cash invested: $550
Sale price: $65,000
Wholetail property
What made you intere...
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I have a question regarding private mortgages that I want to get some feedback on. I currently live in a home that was purchased as a short sale by my father about 2.5 years ago. He purchased the home for 122k and bel...