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Hey fellow BP.I found a duplex in Brooklyn NY, I will go see the property tomorrow with the broker. however , they all keep asking me for a pre approval status.The house is listed for $420k, I plan to put down $150k ....
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Hi all,Are you finding limited inventory of properties to purchase in your area or the country? I'm in the Chicagoland area and the available inventory is very low.Thanks,Mike
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Hello. I am wanting to get started in real estate investing and thinking about using a hard lender. Any hard money lenders out there that wouldn’t mind telling me what you like to see when you have a deal brought to y...
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Looking to go for my first real estate transaction. And I have a semi vague question.
My father and I plan on doing a syndication. He owns three single family properties free and clear ( bought them dirt cheap when ...
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http://www.msn.com/en-us/news/money/dick-bove-theres-a-new-mortgage-crisis-brewing/ar-BBhT6YY
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Where conventional and government-back financing have remained difficult loans to qualify for, more and more borrowers are flocking to bridge lenders for loan approvals. Bridge lenders offer a non-traditional form of ...
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My main concern is on how to pay the money back and how much interest do I pay. Lets say I do a one year promissory note at ex. 10% for $60k. Do I pay $6k to the person no matter when I pay it off before the end of th...
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I have been trying to sale a piece of property for a while and got an offer to hold back the first trusted. they offered a 15 year loan and I can set the interest rate. I am not sure what to set it at. Does anyone ha...
I’ve just started a new hard money lending company. I’ve had a few loans but I’m trying to find the best way to market to new borrowers. What is the best technique to find folks looking for a hard money loan?