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Good morning, I am just starting out with my first rental property purchase. However, I am in dire need of down payment assistance. Does anyone know of a lender (100% financing) or a down payment assistance to purchas...
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Hi,One of the most important piece of this business is to get the funds to secure more deals , and that's one of obstacles right now anyone can suggest me where of how to find out the paths Thank you
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Hi everyone,my name is Chris,my question is how do you draw equity from your home.Im asking because my mom owns a home worth $230,000 and tried to get $50,000 loan and was turned down twice.Is there any way she can dr...
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Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...
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Any Private money lenders in the Baltimore area? I'm looking for about 20K for a property. Please contact me. Or if anyone has any recommendations that would work as well.
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Ask any question regarding multifamily lending with Fannie and Freddie. Topics may include proper expense guidance, COVID-19 escrows and their releases, net worth and liquidity requirements or non-recourse elements. I...
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I have a number of private loans to me. I am paying interest on these loans, but since they are private individuals they wont be submitting 1099INTs to me.
How do others deal with this?
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Not sure if this is an innovative strategy or just illegal but I would like some input. I have a friend who bought several rentals ALL with primary occupant loans (3.5-5% down). What he does is include utilities ...
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I’ve got a REI friend who loves to talk land contracts. I’ve never really done that up to this point but he makes it sound a lot like wholesaling with the benefits of renting, but no land lording. I get all the basic...
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Can someone help me understand the hard money lender process.
Theoretically say I found a house for 100k.
Lender pays for house + closing + rehab = 125k
So to keep the math easy I now have borrowed 125k f...