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I want to share my experience with The Mortgage Shop. I have closed three loans with The Mortgage Shop. Those were good experiences. But the real test of this company's character came with the most recent loan I tried...
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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...
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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...
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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...
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...
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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...
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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 ...
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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...
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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...
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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...