Does anyone have any recommendations for a lender that makes unsecured loans for real estate?
BP,
Here is my current dilemma! I have a family member who is trying to avoid going into foreclosure and has agreed to let me buy the property for the remaining balance, which is about 23K. I recently finishe...
Tomorrow I'm meeting with a family member with the intent to purchase a property from them. I plan to make a few updates and turn it into a rental property. They have agreed to sell it at a discount and the ARV will ...
Nearly every real estate investor that has come to me lately for a hard money loan on a property in California is paying over the asking price. Why? There are bidding wars going on in California right now with a glutt...
I've been contemplating using HML to buy my 2nd property. My understanding is that HML will lend you money for about 6 months allowing you to sell the property or refi to a standard long term mortgage. Problem is...
So what's the difference between a corporate-guaranteed franchisee tenant and a corporate tenant? From reading a lease recently, the corporation is liable for any defaults in a corporate-guaranteed franchisee tenant. ...
Hello Everyone, this my first question have been following BP for a while now and have learned alot from this site. However I came across this deal I don't know exactly how I can finance this buy and hold.Today I saw ...
So here's the situation:
1) Non-owner occupied.
2) 1st and 2nd TD.
3) Not delinquent on payments.
My questions:
1) Is a SS possible w/o being delinquent?
2) Property is in CA- is a deficiency judgment possible on e...
We are new to the private lender concept. If you are getting a loan from hard money. The loan is set up on a 1year term. When is first payment due? Would we have to make largest payments while in rehab before selling?
So I recently inquired about hard money for a deal I was working on. I utilized the BRRRR Calculator and at the end I hit the blue " contact a lender" button. Within a 24 hour period I received a couple of very profes...