I'm relatively new to the real estate investing business and wanted to start out house hacking. I've saved up about 35k and have really good credit with a stable job. I was curious if anybody is/knows a good lender th...
Thoughts on borrowing equity to buy an investment property? Either multi-family rental or flip.
I have been researching different finance options for my rehab projects. Hard money is my obvious last choice due to the high cost. I was thinking just borrowing from family members (maybe at 8 to 10%), no paper work ...
Hello all,I am considering doing a private money loan tied to a mortgage to a friend of mine. The mortgage of the property will or should protect my investment just like a bank mortgage (or so I hope). I received th...
:cry: I have a house that is in foreclosure right now. Screw the banks, why should they have my property when they made their money already. Resently I've been learning how to clear all of my debts including my mortg...
To give you the easiest version to understand. Hard money is a type of short-term loan that is used by real estate investors to finance investment properties. Unlike traditional bank loans, which are based on the borr...
Ok, this is whats happening. I got a owner to agree to owner finance a property, in which i want to immediately rent out to a section 8 tenant. Everything was going smooth, we agreed on a 110,000 sell price with 10,00...
I have a multifamily 'commercial' (6unit) under contract. I am somewhat new to loans. I just got a loan commitment letter with following terms. What do you make of the terms? Any advice or good questions to ask before...
Any lenders in WA lending on a non-owner occupied for less than 20% down conventional? (10% down would be perfect) I would love to get in contact! Thanks!
Assuming you'll be financing a project for at least a year, are traditional mortgages getting more appealing?
In drawing this conclusion I am considering the fact that HML typically:
...