Moses Moreno
Seller Financing - Note Services
BP Nation! Anyone have any referrals for Note Servicing companies that deal with Seller Financing transactions? We just closed on our first Seller Financing deal (as a Seller) and looking to turn over the servicing to...
Mark Edmunds
Home Equity Loan or 'sell' my Condo to a self-owned LLC.
Hi All - I would be thankful and Interested to hear your informed opinions.I am looking to release $100K on my condo (to use for a new purchase) and am interested in the most cost efficient way to do this. I currently...
Nick M.
Which Financing Terms to Accept?
Hi All,Feedback requested.* Situation: I am in contract to purchase an apartment building. Purchase price $1.5M, $400K down, for a loan of $1.1M By making extra payments towards the principal and a large lump payme...
Derek Tuohy
Recommendations on setting up a JV arrangement
Need some advise / recommendations please. I have a friend who purchased a distressed property with cash and is looking for a hard money loan to complete the rehab. She would like to pull out most of her purchase ca...
Michael Dunn
Minimum sales price of $50,000 and using a 203K loan?
I received an e-mail from a Lender I have been talking with, and was told the following ......" To determine the maximum improvements amount you will use 20% of the sales price.Example: If you sales price is $50,000, ...
Jonathan Bauer
Who do you use for business banking and why?
I am researching some business basics before starting my LLC and was curious who everyone uses for business banking and why? I am getting into the mortgage note investing business specifically, but am curious to hear ...
Roupnel Pierre
approval for PML & HML
Hi BP,
Anyone of you guys in the Boston Area works for a PML or HML? I want to shop around and get a the best offer I found a house I want and I want to make an offer. I just need to shop loan rates. Any suggestions...
Alec Hilliard
FIRST DEAL + hard money loan into a refinance
Hey, all!
First post here on BP! Been listening to the podcast now for a while.
I have some questions about financing. (some backstory: my wife and I have a chapter 7 bankruptcy on our credit report from Dec. 2018 ...
Theo Seng
First house flip in Alabama
I'm looking at jumping into my first house flip. I would be doing this will a local partner, we would buy the distressed property in cash and get a hard loan for the renovations. As we are local we plan to do some of ...
Trevor Smith
My first good deal needs financed! Help!
Hi DFW,I have a house under contract for 105k. ARV is 160k. Rehab is 15k. I plan to do a wrap around mortgage with a buyer that cannot get financing, and seller finance to them. The ironic thing is that I also cannot ...