Loan Closing Process & Borrower Forms: Soft quotes, hard quotes, loan application, underwriting period, standard loan forms, loan commitment, rate lock, loan closing, time to close (start to finish), etc.8. 

I am trying to get a hard money loan to start with the BRRR method.

I am a wholesaler out of Maryland looking to start content creating on my journey, looking to connect with some people that do the same type of thing.

Making money in real estate requires experience and starting with no or little money makes you study harder.As much as most of us probably wished for it, getting started with a lot of money in your pocket is a recipe for disaster: the temptation is to make the deal work by throwing money at it.If you want to go into real estate go with a syndicator with a good track record.

Often times you will pay much more in taxes than if you pulled the money out, paid the taxes and penalty and then started investing in real estate.For example, with the financing you mentioned, the IRA must pay taxes on the portion of the profit earned by financing. 

This is where I would start if I were you—perhaps leveraging one of your existing properties.As a last resort, you could look for a partner willing to fund the project in exchange for a share of the equity.

Several years prior to Covid I got my finances in order to start investing.

One year from time of payback or time of loan start date I’m not sure of. 

Our goal is to deliver as much value as possible to encourage everyone to either get started investing or dramatically expand your portfolio in the best markets to accomplish your goals regardless if this is your 1st property or 50th!

Replacing the roof is just the start.