All Forum Posts by: Anthony Bain-alves

Woah I’m seeing a lot of great feedback! Thanks guys! Glad to see I’m not the only one with these questions haha. 

@Patrick Hermans You’re not kidding haha. This is why I’m trying to learn as much as possible before actually starting to buy any properties. Do you have any experience in this field? Any tips or advice you could give would be greatly appreciated but of course don’t feel obligated haha

@Patrick Hermans I think I'm gonna shoot for rental properties. Specifically single family homes but I'm open to the occasional duplex or triplex. I plan on using the BRRRR strategy when I start making my investments but I still have a lot to learn before I actually buy any properties. I also have to do some research on the market in my area as I'd like to start local and grow from there.

Hello BP community, I am very new to the world of real estate (and I mean VERY new) Like a lot of others I’m not super rich so I don’t have a lot of money to just throw at properties. There is one thig that has been on my mind since I started learning about real estate, as far as private money lenders go, what is usually the relationship between the lender and the buyer? More specifically, what is the process at which you pay back the lender? Does it come out of the cash flow every month? Is it expected in full payment at a specific time? Obviously I would like to be able to work with private lenders because it seems like one of the more accessible options for me, but I’m just confused as to how these lenders get their money back from the buyer. Any information or advice on this would be greatly appreciated and I apologize if this is a stupid question I just don’t want to jump into sometjing without knowing how exactly it works. Thanks guys! Hope to hear from a lot of you as I’m sure everybody has different advice to bring to the table. :)