The Title says it all. Currently met lender who offers extremely good terms. 7% int only split over 2 years. He didn't ask for any upfront fees but does require payment for loan insurance. The loan insurance company ...
when i have been soliciting for a loan, i keep getting contacted by people in the UK, and they require "LOAN INSURANCE"...Has anyone done it?
when i have been soliciting for a loan, i keep getting contacted by people in the UK, and they require "LOAN INSURANCE"...Has anyone done it?
Hey BP,I am doing deal analysis on properties I have found in my area. I picked out some vacant properties and I'm analyzing the deals to see what would be the best exit strategy and how to finance them. I have access...
hello BP...I jus received an email stating that my loan request has been granted for 40k at 4.8%. I have been looking for financing and this should be great news, but this seems just a little too good to be true. Th...
Hi, I was contacted by a private lender here after looking for funds and I engaged him about borrowing $40,000. He claims I need to pay some sort of "loan insurance" fee before transfer of funds to me. Is this normal?...
Alright, I'm in a situation where I have a rental under contract to purchase, it would be financed for roughly $60k. Terms would be something like 5.25% for 15 yrs, amortized to 25. Current tenant may be willing to ow...
Hello ALL!I am in Ohio and looking to buy a 75-100k owner occupied multi family home. I have around 14k saved up for a down payment but i'm trying to avoid the loan insurance by getting 20% down. I have two 401k accou...
Hey BP members
Myself and another BP member had been in touch with Weston from Brownstone Global Private Lending LLC in Danville KY
After searching around and asking a few questions things just didn't add up. The ...
How do you evaluate a hard money or private money lender?