One of the questions we hear most often here is this: “I want to buy the property in the name of my LLC, but I don’t want to be personally responsible for it. Can I do that?” The answer is yes…if your lender will let you.
What are Recourse and Non-Recourse Loans? Read More »
Why would any seller take their property off the market if they didn’t know if their buyer was approved or not.
PreQualification vs PreApproval Read More »
Outside of hiring a firm or person with a formal credit background to help you make loan decisions, educating yourself on the basics of how professional lending institutions make their decisions is critical to making your lending venture successful.
MAKING THE DECISION: LOAN UNDERWRITING FROM YOUR IRA Read More »
Do you think there are enough small banks to call on for buying a small amount of notes?”
Are There Any Non-Performing Loans Out There? Read More »
The term “recourse” is something that pops up from time to time when someone is taking out a commercial loan. What exactly is “recourse”?
What Does “Recourse” Mean in Lending Read More »
Here are 7 things you will need to think about before you start your flipping adventure:
SEVEN QUESTIONS TO ASK PRIOR TO STARTING YOUR HOUSE FLIPPING BUSINESS Read More »
Question: Doug, I have been lending out of my IRA for some time and I have a friend that wants to borrow money from me with no collateral. Is this a good idea?
