Hello All,I am having a hard time understanding the benefits of private lenders over bank loans. The interest rates seem to be much higher. Could someone explain the benefits of one over another?Thanks,Andrew

My neighbor, a 68 year-old guy with no family or kids, started a renovation of his house and never finished it. The property is located 2 blocks from the beach in Santa Monica, needless to say it's worth a lot...even ...

Hello everyone. I'm interested in lending money out using a self directed RRSP or TFSA account (I'm Canadian). They are called Arms length mortgages in Canada. I was wondering if anyone has done this before and can of...

Is Mortgage Insurance Premium and Private Mortgage Insurance the same thing? Or will there be 2 charges if I were to buy a house with less than 20% down. Is it just one or the other or do people have to pay both MIP a...

Hello, I have currently made $50,000 wholesaling real estate in the last two months and want to get into buying rentals. I have no prior job experience and would not qualify for traditional bank loans because i would ...

I was just reading various topics and I saw a lot of HML's and PML's wording. I thought they are the same but not sure.

Are they the same? What the difference? (I couldn't find it when I googled it)

Greetings BiggerPockets family,
I'm back now increasing my rental portfolio. I recently purchased my last two with an all cash deal. I went to a local bank they offered a 15yr. note with a 4.9 interest rate. I'm sear...

Does any one know where I can find a private mortgage lender ? I am in need of some one willing to lend for a pice of property in Virginia 30 acres zoned A-1 . I am also looking for a loan of $75k to finish repairs...

I'm still doing the pre-license course. I'm writing it all down in a big note book to help me memorize it all.I came across this on Real Estate Express' course.My question: Why does this list both PMI (Private Mortgag...

Hi all,
I'm new to this forum. I wanted to introduce myself.
My goal is to help people in the forum and meet some interesting people along the way.

As an intro, I am a wealth manager located in Lexington MA. Our firm...