I'm working with a seller of a note who is selling a note on a SFR in N. Carolina. He sold the home and carried paper to an investor who bought it for a rental. We are looking to buy the note but the seller just infor...
Hi everybody, here is my situation I want to purchase a fixer upper to hold and rent. I have money in an old 401 k that I could use for most of the purchase price and I also have a rental that is paid for. Do I get...
Goodmorning All,I have been researching note investing and have a question. If I purchase a 2nd Lien Performing note and the borrower refinances the 1st Lien does that require them to include the 2nd Lien in that refi...
What is a hard money lender and how do they differ from standard bank mortgages in terms of rate, costs, time etc?
When evaluating a note and you have questions that the borrower can answer, can you directly contact them?
Hello BP members,Thanks in advance for reading this post. I am writing this to seek support, advise and referral.I am a private lender and loaned hard money to a flipper with a signed promissory note secured by deed ...
How much time are you given before being required to pay it back if you work with a money lender?
Ok, this may be a dumb question but - My home is three years old. I would like to 'borrow the appreciation' as in Kiyosaki's book Real Estate Advantages. This is an equity loan.... right?I know - It may explain it f...
Hi this is Ted from CT.Ito borrow from the bank is it common for the bank to approve you on condition that you can show that your holding some cash in your account? If so then can I borrow the cash and give it back af...
Say for example i was going to borrow $3,000,000 to purchase an apartment complex. Would it be better to use a single investor or multiple to get the deal through ?