We currently own 3 properties but we dont want to keep taking these loans out personally. Does anyone have any advice? We usually put down around 25%.
Does anyone know what happens to the money that comes from the difference between the balance on the lien being foreclosed and the highest bid at the auction? Is that money given to the homeowner? If so how do they re...
I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased. I'm reading an application that sounds as if my personal assets would back the loan. That even ...
I am partnering with a friend on a flip. Part of his funds will come from my SDira. He will be signing a promissory note and borrowing money from my SDira and paying interest. He will then use this money to help pay f...
I am curious has anybody heard of person-to-person lending for mortgages. I had a stock broker friend of mine bring up this subject yesterday as we where talking about the different forms of investments that have came...
I hadn't thought this was that exciting, but recently told a hard money lender about it, and he was shocked at the deal I got, so figured I would share it. SoFi (Social Finance) gave me a $100,000 unsecured personal l...
I have a lot of home equity and want to tap into that to buy investment property. Is this a good idea?
I rent out the third floor of my home. I declare the money on my personal taxes..take deductions...and use the profit to pay my current mortgage. But what if I started an LLC...had my tenants pay that LLC...then took ...
I rent out the third floor of my home. I declare the money on my personal taxes..take deductions...and use the profit to pay my current mortgage.But what if I started an LLC...had my tenants pay that LLC...then took d...
I would like some opinions on something that probably happens every day in the life of a business person.Let's say hypothetically, you own 100 Main Street, LLC.You were denied a Credit Card so all you have is a Debit ...