Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
Jason Seward
  • Rental Property Investor
  • Surry Virginia
2
Votes |
10
Posts

Hard Money/private money

Jason Seward
  • Rental Property Investor
  • Surry Virginia
Posted

I am getting ready to close on my second "brrrr" single family dwelling, using my HELOC to fund it all. In my effort to find more deal opportunities, as soon as I got the most recent one under contract, I have had a few more promising deal opportunities pop up. My plan has been to take it one BRRRR at a time using my cash and HELOC. However, I have had a really promising flip opportunity pop up today. In the area it is located, it wouldn't make for a great rental, but its a potential great flip. My only option will be finding a different source for funding purchase and rehab. I have no experience with hard money or private lending. Any advice, recommendations, etc?

Loading replies...