Jeanie H.
Need your advice: should I loan money?
Hello, I am a new investor and I want to use some of the equity on my home to do investing. I have two people coming to me with offers and I'd like to get your opinion.First, a little background. My brother and I ow...
Corey Meyer
Need financing fast for $189k Big Sky, MT studio STR!
The perfect property that checks all my boxes for a short term rental just hit the market today and I don’t have financing in place!I would like to put in a full price offer on a studio near the ski area of Big Sky Re...
Chad Gaither
Loan pre-approval & Your credit score
I'm looking to get a baseline for the financing I can potentially get approved for to help narrow down my search criteria. I asked a broker at a local real estate meetup last night if a pre-approval application would ...
Jennifer Knestrick
Rate lock and loan amount
I realize this will simply come down to bank policies, but I’m curious what’s typical.In the the midst of a 1031 exchange, we qualified for a mortgage on the replacement property at $2.9M, and rate locked in mid July....
Josh Stack
ICG10 - Has anyone used this lender?
Good Evening BP!I have come across this lender on the site and also been through their web page. Does anyone have any firsthand experience in working with them?Have you had any dealings with them, positive or negative?
Tyler McDonald
Taking second position when lending out private money
Hey all! I've got a chance to lend to someone for a rehab project. They would like to use a different property (a well performing STR) as the collateral due to the renovation project being a rental property that is o...
Account Closed
Please answer the following Georgia + National Salesperson Exam Q
2017 GEORGIA + NATIONAL REAL ESTATE SALESPERSON EXAM QUESTIONSQ1. what is the interest used in a mortgage loan? Simple or Compound Interest?Q2. Can a seller transfer ownership/title of a property using metes and bound...
Dan Marro
hard money lending Q's
Hey guys, question about hard money quote, please advise:My quote for a loan of ~ $168,000, my first flip9.5% interest rate (I understand)Closing Costs- 1.5% Origination Fee (I understand)- $1,495 flat rate Processin...
Daniel R.
closed on a rental yesterday
i closed on a 4/2/2 rental yesterday. the house is in good condition, just needs a lot of cleaning up (the people had 3 big nasty dogs inside)and paint-n such. biggest expense will likely be new a/c unit. but overa...
No Name
Quick Question
When you have a property under contract and want to assign the contract instead of doing a double closing do you hire a title company once you sign the PSA with the seller or not until after you assign the contract to...