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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 ...
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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?
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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?
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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...
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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...
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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?...
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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...
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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...
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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 ...
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How do you evaluate a hard money or private money lender?