Ricardo M.
Pre-qulifying and using a Private Lender
I made an appointment to pre-qualify with a mortgage broker to purchase investment property. On my own credits, I qualify for $260,000 loan at 5%APR and 25% down payment.
I have a private investor lined out ...
Jonathan K.
Establishing a Value for a Private Road
Help!Does anyone know what a road or road access is worth?A developer would like to build 6 homes on property parcels within Bothell city limits in south Snohomish. The developer would like to use a private road that ...
Marquis Borney
In search of a private money lender
Hello, My name is Marquis and I am in search of a private money lender in the St Clair County area. Any suggestions would be truly appreciated. Thanks,
Rachel Luoto
Advice for approaching a Private Money Partner?
Hi Team!Any advice for pulling the plug on asking someone to be a private money partner?We have a great mentor/mentee relationship; I don't want to alienate one of my most valuable connections by asking for money, and...
Carlos Gallegos
Creating a private mortgage without title company
I am in the process of lending a person money for renovating an owner occupied home. The home was recently bought for $50,000 cash and is free and clear.I am trying to create a note for $15,000. I am wondering how ...
Franchot Tone
Resources to Prepare a Private Money Note
Hi There- I am a purchasing a property using private money. Can anyone offer suggestions on where to find or create the documents? I couldn't locate any resources. I wish to set up a 1 year non amortizing note with a...
Kirk Porter
Proposing a Deal to a Private Lender
BP Team,I am packaging a deal to propose private investor and am unsure on event sequencing. Would you recommend having the deal vetted through my lawyer before proposing the deal to a private investor or waiting unti...
Trevor Sie-Duke
Reccomendation for a Private Mortgage Servicing Company
Can anyone recommend a good private mortgage servicing company?We are closing on a deal in two weeks and looking to get things setup with a Private Mortgage Servicing Company to service the loan.
Dan Costantino
Meeting with a Private Lender tomorrow......preparing
I have lunch scheduled with a private lender tomorrow. I've prepared a portfolio showing the financials of flips and rentals. To date, I've used some private lenders, but they've been people I know.I'm comfortable w...
Brandon Elliott-Pandey
When do you become a Private Lender
My question to you... when does it make sense to become a private lender?I have a client dying to get into RE but has no funds other than his HELOC with about $100K available rn. The interest on barrowed money is some...