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Private Money - For Chicago Foreclosures
Seeking Private investor money for bank foreclosures Northern Chicago Land area.
We work with 5 banks in Lake County IL area that provide foreclosure / REO deals.
Seeking Private Money - Minimum amount: $250,000
Rat...
Summer Noyes
Delayed Closing due to Seller demand letter...options?
Hello All,Currently at the end of escrow on our first REI. Everything was smooth sailing. Great interest rate and funding - check. Inspections - check. Documents signed by us - check. Wired our down payment - check! L...
Cameron Dexter
[Calc Review] Using the BRRRR calc with a Hard Money lender
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*This link comes directly from our calculators, based on information input by the member who posted.
Alberto Ibet
Mortgage Lien
This is my first post so I apologize in advance for not knowing the lingo..... I am searching foreclosed properties and located one that is being foreclosed by an HOA and the final judgement is $8000. I visited the ...
Tkai Savage
Do you need the full cash amount to flip a house?
I don't quite understand how flipping a house works. I understand that you buy the house for a low value fix and renovate it, and sell for more than what you bought it for. Can you get a conventional loan to purchase ...
Adam Wells
ReFi Options On STR's
Recently bought STR on a "vacation" home loan. Interest rate is high. Is there a way to refi into a more traditional loan with lower rate? How long do I have to wait?
Fredrick Jackson
Investor need Hard Money loan
Hi, I am new to The BiggerPockets forum and I have been a member for almost one month. I have spent most of my time watching videos, and enjoying learning from other investors experiences. I have decided to stop readi...
Jason Segrest
Moving your investment properties to an LLC
Do most mortgage companies care if you quit claim deed your investment property to an LLC? I've heard a variety of stories about mortgage companies finding out, and calling in the loan. Can you all share your experi...
Shane Wilkins
checking on loan information
Does anyone know if there is a loan that can be obtained that does 5% down on an investment property?
I am looking at a duplex for $180k. I don't have the 20% down. This would be my first investment property.
I am i...
Kim Rock
Wrap around mortgage / Seller Financing
Well, I was all proud of myself that I had gotten a seller to accept seller financing on a property I felt would be a good long term investment..... now I come to find out he has a mortgage on the property, and wants ...