Corey Dutton
Why Have Hard Money Lenders Earned Such a Bad Reputation?
Hard money lenders have earned a bad reputation in the area of lending for no good reason. In fact, they are often grouped into the same category as pay day lenders. Pay day lenders hold a larger share of the consumer...
Al Williamson
Is it ethical to encourage tenants to get pay day loans
Did anyone catch the AAOA post about a Utah Apartment Assoc. teaming up with a payday loan comapny to help tenants pay rent? Really, does anything go or is this over the line? Here's the link:
http://www.american-apar...
Rich Weese
Factoring for realtors/investors
I had a good visit with another BP member today brainstorming. It was suggested that there was a real opportunity to make some short term high rate loans. Realtors and investors ALWAYS have profits and commissions spe...
Pauline McCalla
Has anyone ever heard of Cash Call Mortgage?
Has anyone ever done business with Cash Call Mortgage? I never heard of them before. Their name came up in a list of potential lenders I received from Lending Tree. I am planning to refinance my rental, so I want...
Jayme Infanzon
Help finding Private Money Lenders
I have spoke with a few different investors on this current deal I have under contract, with a heavy pay day. Most of these people are interested in partnering, lending, or providing some funding to an extent, but not...
Ayodeji Kuponiyi
$3200 Needed to Close on Personal Residence
I need $3200 to close on home that my wife and I like. The home is a personal residence not for investing. To close we need $8550 and we have $5500. We're using FHA loan with 3.5% down. Any ideas of finding the money?...
Steven Whipple
Lender changed the terms and now the deal doesn't pencil
I found my first deal, and everything looked good. All the numbers worked out the way I wanted. We got pre-approved for financing, and our offer was accepted. We paid for the inspection, and it turned out well. Last n...
Courtney S
Do you think this is worth a deal?
I may have a possible deal, but im not sure if it'll be worth it?..
The property is worth $213,290 and recent sales comps shows a house next door sold for $128,500 and others like zillow.com shows comps between $183...
Lamont Marable
Under Water Deal - How should I help her?
I have a lady that would like to sell her home but she's underwater. - Home value 138,000 - Mortgage is 210,000 - She has a tenant in the home - Mortgage is late and tenant pays on time- The house is in Waldorf Maryla...
John L Daly
trying to find ways to start and find whole sale deals
could anyone shed some light on finding and structuring whole sale deals, just trying to get my foot in the door on confronting owners of multifamily ?