Mike G.
Private money lending and CA usury law
As a rehabber, I'm willing to borrow money at more than the usury-limited rate of 10% (I live in California). I have seen posts in the past indicating that private money can be loaned at higher interest rates if the b...
Belinda Lopez
Bail bond lien on a house?
Has anyone every bought a property with a bail bond lien? I found a property where the owner has a vacant house. I approached her about selling and she's very interested but my title research shows a Bail Bond Lien ...
Lupe Santiago
Making a loan secured by real property without a broker (I have the money to lend)
Hello - I was looking through Craigslist and came across a Borrower who needed to borrow about 2/3rd the purchase price for a property, which is in Las Vegas, Nevada. I like the property and the loan to value... the q...
Matt Pfefferlen
Foreclosure Auction- Senior lien holder out of business
Hello- I am interested in buying a 2nd position lien foreclosure at auction. There is a really small first lien. The first lien holder was shut down 6 years ago, but the assets were taken over by another bank. At...
Jessica Hanchey
Lease option deal - need advice if this is a sound deal?
My husband and I have the opportunity to work out the following lease option on a house we are interested in. Because we are looking to save up $ for a large downpayment before we buy our next house, we are going the ...
Jason Topolski
Experienced rehabbers and private money lender coaching/mentoring
As a beginner private lender I would like to minimize the risk of borrower defaulting on their investment by learning from an experienced rehabber who's skilled at evaluating numbers for property purchase, rehab an...
Tom La Rosa
Newbie, How can I use A $65k IRA to invest in flipping ?
Ive been recently taking in a lot of info.Im looking into ( researching about ) a HELOC. I think I have around $100K equity in my house.I found out today that I can transfer my old 401K to an IRA. $65KSo, Im starting ...
Clint Cook
Financing my first property.
I've got a lot of questions and I'm considering a couple of options:
Background:
I'm looking to buy and hold. I'm looking for long term, passive retirement income, it would be great if I could suppleme...
Mike Nelson
Would you rehab a house on a Lease Option??
Let's say you purchased a home that needed to be rehabbed. ARV 100k, Repairs needed 20k and you was able to get the option for 40k with monthly payments of $500 with 100% going towards the purchase price.
I'm just t...
Kim Handelman
MATH! a prospective seller doesn't know what she owes
Hi, I got a call today on a house. The woman paid $79,000 for it in 2006. She knows she over paid and doesn't think she can sell it without being able to pay off her loan which would mean a short sale. She doesn't kno...