Hello, I'm just delving into acting as a private money lender for single family house rehabbers. Common terms I've been offered by the developers/borrowers range from 8-10% interest, for me to invest 85-100% of acq...
I am a US Citizen, I pay US taxes but earn Foreign Income. I can provide bank statements (both in the US and Internationally), proof of pay from Foreign company, and have a high credit score. I am in the process of ge...
Hi AllMy question is this. If I am lending to another investor money for reno costs for a fix and flip what is the best way to secure my investment? Contract, property lien, etc.Thank you
I recently discovered you guys and am taking in as much info as I can. One roadblock which keeps coming up on financing. I have perfect credit (800 fico) and cash to back me up (200k) however I do not want to throw al...
A person called me on a property that was previously in bankruptcy but has since been discharged. The seller is now saying that she dosen't owe anything on the house, but they were talking about making an offer to ...
Clearly there is a lot of due diligence required when acting
in the capacity of a private money lender, but are there any particular
measures that one takes to help to ensure your financial protection such as ...
I've got an amazing deal I want to take advantage of, however Im having a hard time finding a good commercial lender that will lend on the deal. I found most commercial lenders look at the subject property and base th...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $950,000
Cash invested: $80,000
16 Unit property in Randleman, NC. This is the first deal that I partnered wi...
So, my wife and I bought our first real estate property two years ago as our primary residence. I did a VA loan with 100% financing. The home has been a fixer-upper and we now have estimated 60,000 of equity if we we...
I’ve always wanted to know Interest only ? Or conventional ?