Adam S.
Can anyone explain a Multiple Advance Loan?
I am working on a purchase of a new rental property and the lender mentioned the option of a Multiple Advance Loan, where they would advance me additional funds up to the Loan To Value max of 75%. (this is in the con...
Alex Cotter
Can I lend to house flippers (post flip but pre-sale)?
Hello all,Is there a market for 30-60 day closing advance loans targeted to house flippers? I am interested in lending in this area. This would be similar to a RE Agent Commission advance or a payday loan.Thanks!Alex
Lane Kawaoka
Forget Portfolio Loans => HELOCs now at 100%LTV
I checked into my local credit union on how the HELOC rates were going and they are now offering (on owner occupied) 100% LTV at 5.25% which is up from 90% a year ago... the 80%LTV is at 3.25%.Is anyone using these cr...
Alex Stewart
Are these good loan terms?
I am looking for some input on a refinance deal that I have on the table for 4 rental properties I currently own free-and-clear. Do these terms look competitive with what you are getting? Thanks in advance!Loan Type: ...
B Houston
Quick Proof of Funds needed $2k-Help
Hello, Looking to place a bid in for a single family home in Victorville, CA today to BRRRR. Seller/REA is requiring proof of funds today. Have $1k in bank however need to show a total of $3k to secure the bid. Any su...
David Kepke
Permits on starting first flip investment
I just started my company and purchased a house in West Palm Beach under my corporation. My family is already in construction however we can’t start doing anything until we have permits with the city. Which is a big p...
Eileen L.
Escrow and Major Repairs needed to close
Hello, I'm trying to decide what's the best route to take. I've listed the info below on property, but my lender needs all the below fixed in the next week to stay on track to closing. I was expecting to fix these in ...
Gregory Casey
Notes Secured with Timeshare ownership
Does anyone know anything about discounted notes backed by timeshare ownership. With non payment, could you even resale the ownership in todays market?
Any help would be greatly appreciated.
Hoa Nguyen
Do hard money lenders care where a DP comes from?
Just got denied lending from a supposed HM lender due to the source of the down payment coming from a personal loan. I understand the risks, regarding the method of using a loan to get a loan, but was told that Hard M...
Carlos Handler
Private Money: silent 2nd mortgage on deed
Is there private money lenders that will be silent as 2nd mortgage for downpayment? I’m trying to do fix and hold properties. Where can I find them? I need to come up with 20%. Thank you!