I just posted a new blog on this topic. I hope you find it useful...https://www.biggerpockets.com/blogs/7697/50523-thr...

If sell a note to somebody, does the lenders title policy and hazard insurance have to be changed to cover the new note holder, or does the coverage somehow automatically transfer to the assignee?

Hard Money: What's covered by what?

In trying to figure out what loan is covered by what law, people will ask, "is it a one to four family residence?" Or, "is it owner occupied?" Is it commercial property?

Do...

Complete newbie here..  I have a good understanding of how a HELOC and HEL works, however, I have no clue what are the steps to take once the funds are secured.  With a conventional loan the lender takes charge of doi...

Can anyone recommend a mortgage servicing company that reports to all 3 credit agencies? I have a seller held note on 1 property. The buyer wants it reported to the credit agencies. I am not set up to do so and do ...

Can someone help explain to me what an equipment breakdown coverage is?  I mean I Googled it and read it and still am unsure what it really is.We own a condo unit in a small building of 8 units.  There is an HOA.  The...

I am buying a partial on a note and we are finalizing the agreement does anyone know where I can get a contract that is already written for this transaction.

anyone done a 203k in the last few months, what was the timeline on closing

Hello,

I'm doing some research into starting a hard money lending business in California. The loans would be first trust deeds on non-owner occupied residential property (lending to RE investors) and the business en...

Some hard money lenders and brokers may have to comply with new licensing requirements for lending on residential property. Depending on what State you are working in, if you are lending your own money on residenti...