An escrow account and a promissory note which is more suitable for a private lender?

I need help with the lender documentation for doing personal mortgage finace as a private lender. The borower is buying home in Texas. We want to make sure the documentation is done in complaince with Texas Mortgage f...

Hello everyone I'm having a hard time finding out online (and here) if I can forgive part of my PPP loan for a few SFR investment rental properties mortgage interest?  They are still under hard money lending, acquired...

Hello Guys, I'm new to BP. I am thinking about taking out HELOC on my primary home to pay off my primary mortgage faster (I will be doing mortgage recast at the same time to lower my monthly payment). Please advise me...

Hi all, I recently began my search for my first property. I have just completed an application for an FHA pre approval with Fairway Independent Mortgage Corporation which was recommended to me by my Real Estate Agent....

Apologies, I'm sure this question has been asked a million times.How can I find legitimate Hard money lenders?Has anyone used a hard money lender in NY that they can recommend?I've found a couple online but since this...

I’m in negotiation for an REO. The listing agent informed me up front that the furnace didn’t work. He didn’t know what was wrong with it, just that it wasn’t working. I asked my lender (conventional mortgage from a b...

I'm looking to pull money out of a mortgage-less property and use the money for other real estate investments. What's the most cost effective and tax beneficial way to do this? How should I classify this property (pri...

Hello BP community. My parents own a duplex in the Los Ángeles area and they are currently going through a divorce. My mother wants to keep the house and my father is willing to accept cash in exchange for his share i...

Any advise or strategies on purchasing a property that is listed as a short sale without going thru the short sale process, i.e., take over payments.  What are the steps to this strategy? AlsooOpen to any other ideas.