Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Private Lending & Conventional Mortgage Advice
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 2 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Robert Cuomo
  • Lender
0
Votes |
7
Posts

Private Money Lender offering 100% Funding - Talk me out of it.

Robert Cuomo
  • Lender
Posted

I am currently offering 100% Flip Funding for Real Estate Investors. I provide 100% purchase money, closing costs, 100% rehab money with no payments till the property has been sold/refinanced and funded

I have been having second thoughts about doing this.

Talk me out of it

Most Popular Reply

User Stats

25
Posts
28
Votes
Tanner Cohen
  • Lender
  • Calabasas, CA
28
Votes |
25
Posts
Tanner Cohen
  • Lender
  • Calabasas, CA
Replied

@Robert Cuomo

Your risk exposure is high, I agree with @Stephanie Medellin you could be diversifying by parking that money in cash flowing and appreciating properties, and or offering equity financing, or even a mezzanine option with both debt and equity financing. Not sure what the minutia of your offerings looks like, but I am sure it carries a hefty origination and or interest rate.

@Joe S. has a good question, how successful has your business been? I am guessing not as well as it could be because you are posting on BP for people to talk you out of it... or you're finding a creative way to advertise on this amazing platform.  

Loading replies...