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18 February 2025 | 4 replies
Here are some financing options to consider:HELOC or Cash-Out Refi on Another Property – If you or your mom have equity elsewhere, this could be a more flexible and lower-interest option.Business Line of Credit – Since the property is in an LLC, you might qualify for a business LOC, which could cover construction costs.Private Money Lender – If you’re okay with 12-15% rates, a private lender could fund this as a short-term loan, especially if the guesthouse will generate strong income.Construction Loan – Some lenders offer short-term construction financing, which converts to a longer-term mortgage once completed.Seller/Partner Financing – Bringing in an investor or structuring a joint venture with someone willing to fund the build in exchange for a share of the income.Credit Card Stacking or Unsecured Business Loans – Riskier but could work if you need to bridge a gap until the unit starts cash flowing.Would love to hear more details—especially your timeline and expected rental income.
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13 February 2025 | 7 replies
I am looking to use my llc as if I were making a purchase of a property from a private seller, however I am the private seller.
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13 February 2025 | 3 replies
Currently, I live in Hawaii, house hacking my own property, and am looking to expand into out-of-state long-term rentals.My goals now are to master the art of wholesaling, continue raising private money, and build a strong portfolio of long-term rentals.
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10 February 2025 | 1 reply
Have a deal or private money.
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6 February 2025 | 1 reply
Yes, an investor agent, an experienced rehab contractor and a very experienced private HML that is also an investor, all of which provided invaluable guidance.
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11 February 2025 | 5 replies
@Aloysius Martis I just sent you a private message but I live in Wake Forest and work with Apple Realty where we manage around 600 properties.
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14 January 2025 | 15 replies
If you announce to people there that you are a private lender, you'll have a lineup around the room to talk to you.
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17 February 2025 | 3 replies
If this sounds interesting to you, we could discuss further in a private setting.
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9 February 2025 | 9 replies
Took about half a year to learn how to walk, talk and even eat again, but bounced back to my love for real estate investing and the two things that transitioned me from just wholesaling to actually buying deals as an investor was creative finance and private money.Bought my first rental property in Easley, S.C. owner finance and one of my best rentals I still own today was bought subject-to!
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19 February 2025 | 6 replies
-Explore builder-financing programs, private lenders, or hard money lenders who may focus more on the deal itself rather than personal experience.If you can demonstrate successful project management and a solid business plan, funding will become easier over time.