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All:Looking at a trailer park that a very trusted agent has told me is a fantastic deal. I've gotten plenty of loans before but never on a MHP.What kind of financing terms are standard on a park? Amortization, Down P...
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I am looking to lend some money but I want to make sure that the loan is secured by real estate. I have only ever bought properties, and all of my prior lending has been unsecured, or to a business with a personal gua...
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Hi everyone,I'm new to "Private Money Lending" and I have some ideas of information to collect from the borrower for it but I'd like to know what information you as experienced Private Money Lender collect. I apprecia...
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I am thinking about doing a cash out refi to recoup my 20% down payment I used to purchase my investment property. I want to purchase a 4-plex but I don't have the 20% down payment, I was looking to get half of the do...
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Does anyone know of nc local banks that will allow for less than 20% down and not charge points for small loans?
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Investment Info:
Mobile home buy & hold investment in Panama City.
Purchase price: $30,000
I purchased this Mobile Home and used my prior residence as collateral resulting in no money out of pocket u...
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I am looking at a piece of property that is 50 acres. It has some timber value as well as 10 or so tillable acres.
This would be a long term investment with the benefits of recreational use and likelihood of homesite...
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I looked around and didn't see this exact question answered.For tax purposes, what is the minimum required amount of documentation between family members for a loan? When I say tax purposes, I mean that (1) the lender...
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I'm meeting with 4-5 banks next week to get an LOC. I have a number of properties that I am using to secure the line. What questions should I ask them when I meet.
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I sold a rental as an owner-financed deal. Does anyone know of lenders that will use the note I have on a house as collateral for a loan to invest in another property?