Monday, 18. April 2011
I need to find a hard money lender or private investor for a ,000 loan. I want to use the equity in home as the basis for the loan. The house is worth about 0,000 and I owe ,000 on the mortgage. I do not qualify for a traditional mortgage because of self employment income. I know I will not have trouble paying this off even with a high interest rate. Looking for a short term like 1 year only. I have good credit scores. I was wondering where I can get a list of lenders/investors that may do this type of loan. Any suggestions?
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Saturday, 30. October 2010
We make over 80,000 a year and we have a bad credit rating because of a health issue and some not so smart choices. We are trying to get a loan to pay off everything on our credit (less than 7000.00) not counting our car loan (up in FEB 07) and our house (we owe110,000 and it is worth 135,000, but can’t get a home equity loan in TX b/c of the refiance only 80% law.) We can afford a payment of up to 475.00 a month. I have a listing on Prosper, but I only have a few bids right now. The listing is under gandbcole if you want to find out a little more about us. I just need to know where to find a private investor that wants to carry a loan for 2 yrs at a 28.75% rate. I do not mind paying the high interest if I can get rid of all the old on my credit and only have good stuff showing to improve it. What should I do? I would even sign a personal guarantee putting up the equity on my home for collateral. Just do not know where to look.
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Saturday, 16. October 2010
We make over 80,000 a year and we have a bad credit rating because of a health issue and some not so smart choices. We are trying to get a loan to pay off everything on our credit (less than 7000.00) not counting our car loan (up in FEB 07) and our house (we owe110,000 and it is worth 135,000, but can’t get a home equity loan in TX b/c of the refiance only 80% law.) We can afford a payment of up to 475.00 a month. I have a listing on Prosper, but I only have a few bids right now. The listing is under gandbcole if you want to find out a little more about us. I just need to know where to find a private investor that wants to carry a loan for 2 yrs at a 28.75% rate. I do not mind paying the high interest if I can get rid of all the old on my credit and only have good stuff showing to improve it. What should I do? I would even sign a personal guarantee putting up the equity on my home for collateral. Just do not know where to look.
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Wednesday, 4. August 2010
Also how would I GET A PRIVATE investor to loan me money for property? It would never be a good deal for the investors would it? Say you take where I live if you spent 1 million you could buy a 10 room apartment complex and if you rented it it would generate about 5,000 a month. Now pretend I wanted an investor to get me the million to build them and let’s say I own the property but am just paying for the building. Pretend I gave him 4 thousand of the five for say 10 years that’s 480,000 dollars return so far but let’s also say after that 10 years the security he bought turns into equity but it is still only worth 500,000 since half so the investor wouldn’t get any return 
DETAILS DETAILS
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Thursday, 29. July 2010
Also how would I GET A PRIVATE investor to loan me money for property? It would never be a good deal for the investors would it? Say you take where I live if you spent 1 million you could buy a 10 room apartment complex and if you rented it it would generate about 5,000 a month. Now pretend I wanted an investor to get me the million to build them and let’s say I own the property but am just paying for the building. Pretend I gave him 4 thousand of the five for say 10 years that’s 480,000 dollars return so far but let’s also say after that 10 years the security he bought turns into equity but it is still only worth 500,000 since half so the investor wouldn’t get any return DETAILS DETAILS
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Thursday, 8. July 2010
I am a private investor, I invest in stocks, small businesses, real estate and commodities.
I need money to expand, and I don’t want to get loans because I like to be debt free.
I know that I can get money from relatives and friends, that would be called also equity financing, but I was wondering if there is any other way for other people to invest with me.
Is forming partnerships the only way to go?
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Tuesday, 1. June 2010
I would really like to get into real estate investing, but do not have the funding available to me.
I am not new to real estate and have worked with pre-foreclosures before. I used to find them, work out deals (sometimes short-sales) with the banks and then submit them to a network of buyers that I am affiliated with.
What I want to do now, however, is invest in real estate for myself rather than collecting small finders fees after doing all the work. I am an expert at finding nice properties for pennies on the dollar, but am unable to purchase these properties myself because of a lack of funds.
This would not be as big of a problem if it weren’t for my own poor credit score. Which makes it impossible for me to secure a loan using traditional techniques. So what would be required is either a true "equity based" loan or "no doc" loan; or a private investor.
Does anyone know how I can get money to make these investments, i.e. private loans, hard money, etc. and more specifically how to get in touch with them?
Thank you in advance.
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