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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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Long story short, I have a single family home (with substantial amount of equity), I have added value to it (without appraisal), and have years of cash savings.I've done my research for the past year, read countless b...
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Has anyone had any dealings with DoHardMoney, positive or negative?
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Has anyone done a conventional (Fannie/Freddie) loan on any of your investment properties, then transferred the deed into your Corporation or LLC to achieve asset protection?
IF YES, did the lending instituti...
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Im wondering if anyone has any contacts for borrowing money at a reasonable rate against property in the USA for use in repairs etc?I have 5 unencumbered properties at around $500k value and dont need much more than s...
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I am a bit confused about hard money interest rates.For example, if you borrow 100K at 15% and pay off in 6 Months is the annual rate 15% and you would pay 7,500 in interest or is the interest 15% for the six month pe...
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Investment Info:
Single-family residence hard money loan investment.
Purchase price: $2,400,000
A beautiful home nested in Paradise Valley Arizona.
What made you interested in investing in this...
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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...