Alona Samson
Complicated complicated short pay off
OK so im gonna lay out the facts:Found a woman who wants me to take her property in a short pay off. Not short sale. My understanding is that the noteholder agrees to a settlement amount and the deed is hers free and ...
Donald Longo
Help! I need people's wisdom
Hi Everyone! Merry Christmas! I need people's help. I would Like to hear what people think I should do. I just did a refi cash out and have cash on hand and trying to do the smartest thing with it. My current no...
Alex Witte
Private Money - Necessary Paperwork? How to Present it?
Hello Everyone!When presenting the idea to family & friends about them lending their money to you to invest into real estate how do you do it?Do you have a pre-drafted contract that shows what guaranteed money the...
Anthony Ives
Creative financing and illegal LLCs
I am just looking for some clarification on a few things. I live in Colorado and have several LLCs formed in Wyoming for other businesses I have; it's very simple, safe, and cost effective to use LLCs and registered a...
Jon Fletcher
Cryptocurrency or Bitcoin Mortgages
Does anyone have experience with crypto or bitcoin mortgages / lending? It seems that the space is growing rapidly and it's something that I'm considering. The benefit is that, in some cases, you use your cryptocurren...
Account Closed
Question on multi unit financing.
Hey so I’m curious how this works, maybe someone can fill me in. Let’s say I make $4000 a month and am looking at 4 unit properties, to make it simple well say each unit pays $1000 each month. In this case would I qu...
Benjamin Fishler
Refinancing on home with ADU larger than primary
Looking for advice on refinancing a SFH with an ADU on the lot in San Diego, CA as owner/builder who was planning on living in the ADU and renting out the front house.We went through the entire loan process, got docum...
Eric Chase
Leveraged property vs. private lending in Roth SD-IRAs
BP Team,I'm looking for perspective/thoughts from those of you who conduct private lending from your SD-IRAs and those of you who hold leveraged property therein. Ideally, I’d love to hear from someone who has done bo...
Lawrence Potts
When is a Home Equity Loan Better than a HELOC?
Hello BP,When is a Home Equity Loan better than a HELOC?My understanding that a Home Equity Loan is simple and straight forward. I’m not familiar with typical LTV’s or processing fees attached.A HELOC sounds like a be...
Evan Dyer
Can someone explain refinance in depth?
Need someone to go in depth more on refinance. Want to get a full grasp of it (Beginner).