Lupe Santiago
Raising Capital through Note Hypothecation
Hi! I am looking to raise capital from some family / friends for my real estate lending business. I am an unlicensed hard money lender (legal in my jurisdiction - no broker license needed for non-owner occupied) and h...
Curtis H.
$200K Equity Sub2 Question
Hello BP, I currently live in a home I picked up Sub2 about 2 years ago. The goal was to buy it, live in it while fixing it up with some sweat equity, and sell with no capital gains tax. Find a new place creatively, a...
Thomas Bullock
Best Loans to use to scale
My friend and I are both veterans. We invested in a 3 family property about a year ago now. 100% of my friends VA loan was used, however, I am still on the loan because it was the only way we could get approved for th...
Greg P.
I can't believe it, at the last second bank says we need a second appraisal? Please help
Hello, we were suppose to close today at 3pm and at 2:45pm we get a email from the mortgage broker saying that since this is a flip transaction and I have not owned the house for over 12 months they want to do a secon...
Dustin DuFault
Structured Bank Financing - Dream or Reality???
Hello All!
I must admit to having lurked on this site quit a bit --- but not posting much. Call me the shy type :D
Therefore you don't know much about me and I'll need to lay quite a bit out for you ...
Minh Nguyen
Mortgage Broker Red Flags
I spoke to my very first mortgage broker today (referred by a friend) and as soon as we got on the phone I was immediately bombarded with questions about my situation while any question I had about our relationship wa...
Lear R.
Banks Capping Investment Properties to 4?
I was recently told by a mortgage banker that banks has capped the amount of properties a individual or a LLC could have open mortgages to four, three investment properties, and one personal residence. Is this true? W...
Wendy S.
Separating SFH ownership
Good Day, hopefully I have posted in the correct forum as I really need some help with my dilemma.I co-own 2 properties with a family member who no longer wishes to own RE or have any loans.Loan 1 worth @minimum $270K...
Derek B.
Will having parent cosign keep my credit free for more deals?
Me: great W-2 income, excellent credit, practically 0 debt, plenty of savings, west coast. Mom: fixed income, retired, renter, worried about rent increasing, east coast. While looking for my first RE investment, my mo...
Damian Ramirez
Cleveland and Cleveland Investors
Hello folks,
My business partner and I are flying out to Cleveland today and arriving tomorrow, because of that, we are looking to connect and possibly meet up with other investors in the Cleveland area to simply net...