Hi guys, I was at an asset protection conference and one of those guru's who tries to sell you a tablet and a "program" was all about index linked overfunded insurance and I liked some of what I heard. The idea being...
Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...
I’m in the process of doing a cash out refinance but the loan officer works with caliber home loans. I’m a little nervous because my current mortgage is through Wells Fargo and I don’t have any experience with non ban...
Background: The private equity who is lending me the money to do the deal is actually an equity partner. He is bringing all the money. However to get the Rate/Term loan without the seasoning period, he will be in the...
I'm looking to present a deal(s) to my parents. Being as they are my parents they would more than likely simply loan (no interest)/give me the money, but I want to approach it from a business standpoint A) to show ...
I am in paHow does hard money loan exchange hands?I put 10% down I get a receipt on my name they won't send a deed till 20 days after receiving full payment how does the lender secure their loanIf I need the cash 2...
Hi, I'm Kevin and have listing (loan) on another site,( didn't know about this one) and looking for private money lender, a guy name Clyde Lewis said he would make loan at 5%. Application was very generic and seemed m...
For years on this board I’ve written tirelessly about making sure you know who you are borrowing from. With the number of local real estate clubs, now well-attended by legitimate lenders, there’s no need to take a ch...
I just created my LLC a few weeks ago and was looking to establish credit history for my company. A couple of questions:
1) Is there a better/easier way to establish credit history outside of applying for a business...
James Donahoo II, of St. George, Utah, faces a proposed 48 month prison term for luring investors into his business of making hard money loans. Through his company called Paradigm Investing, Inc., Donahoo allegedly pr...