Vamsi Vikash
Promissory Notes - Risks and Benefits
Hello friends, I'm brand new to real estate investing. Based on my research, Promissory notes seem to be a good passive income with around 10 - 15% returns. Here are some of the websites, that I've researched so far: ...
Colin Courtney
HELOC process advice
I'm currently in the process of fixing up my primary residence in preparation for an appraisal to use for obtaining a HELOC. I was wondering if anyone else has gone through the process of obtaining a HELOC through a l...
Daniel Norber
Any Triangle Banks that will do HELOC on Rental Property?
Hey BP,
Have a rental property in Durham that has some equity and wondering if there's anyone on the forum who knows of lenders either in the are or online who would issue a HELOC on a rental?Cheers!Dan
Adam Kozuch
Milwaukee Loan Officers/Institution Recommendations
Hey Milwaukee BP,I'm wonder if anyone has recommendations for loan officers or lending institutions they have worked with in the Milwaukee area?My first deal I did FHA and went through US Bank as the rate would have b...
Brandon Bell
100% LTV HELOC...should I do it? #Notfinancialadvise
Hello All,I have a duplex that I am house hacking and I just had it appraised for $425,000; meaning I have approximately $175,000 of equity in it. I was initially going to do a cash-out refinance and pull around $80,0...
Mohsin Mazhar
BRRRR Appraisal came back too High
Hi everyone.I purchased a home and did a BRRR on it and the appraisal came back higher than I expected. Which is a great thing and I hate to complain about it. But because the interest rates are so high if I pull out ...
Kent Fales
In Contract, Down Payment in Equity, Bad Credit, Bank won't lend
In contract for 20-unit apartment complex. Before starting, bank advised that I could use cash reserves to purchase real estate outright. Then they would give me LOC based on a percentage of equity. President stated c...
Colton Fairchild
Creating HML company to lend on my own PE fund
Does anyone have experience creating their own hard money lending company for the sole purpose of doing the debt financing for their own investment properties/private equity fund? Ex. PE Fund raises $1mm as equity fin...
Dan Rudolph
Requested: A story about a RE Crowdfunded debt deal gone bad
I have invested in over 40 RE debt deals on various crowdfunding platforms. The oldest is about 8 months old. Every one of them is happily chunking along paying 10%+.I am currently in the too-good-to-be-true phase. ...
Mitchell Heddings
No Junior Lien Clause
Hi, Guys. I have a question for any attorneys & mortgage gurus out there, that might be able to help :) Recently... I obtained financing for a project and noticed an interesting clause at closing. Basically, it sa...