I am preapproved for a loan for a rehab that includes rehab funds. I need to bring 20% to put down which we have, but I have a private investor willing to put in the 20%. I initially thought to pay him 1 pt per mont...
This is my first post outside of the newbie introductions, so I apologize if this isn't in the correct forum. I've been listening to podcasts and reading forums and articles for what seems like forever, yet there are ...
My goodness have rates been off the hook lately. Working my butt off to refi out of a interest only I have and the rates are crazy. I'm looking at almost 11 percent on a 5 year ARM. WOWSERS! I have the option to roll ...
As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...
Hi, I'm flipping homes now and was just wondering if anyone who has any experience with hard money loans could give me a brief overview of the process as far as whether or not you need to get pre-qualified with a har...
At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...
I recently finished documenting my build and design process for the Geodome I launched last year on AirBnb and wanted to share with the host community - I tried to build one of the most luxury Geodomes on the market, ...
My mom is 60 years old, single, and does not make much money as a private school teacher. Luckily she has her house paid for, and I estimate it is worth $250-300K in it's current state. How would you help her earn add...
Investment Info:
Single-family residence fix & flip investment in Philadelphia.
Purchase price: $80,000
Cash invested: $200,000
Sale price: $450,000
This is tracking the property that I sold ...
Investment Info:
Single-family residence buy & hold investment in Jacksonville.
Purchase price: $22,000
Cash invested: $5,000
SFH purchased through seller financing with 2k down 5.25% and amortiz...