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22 October 2024 | 17 replies
I hit that goal - which was incredbily tricky given my lack of funds and the overall lack of lenders lending on sfh investment properties back then - six years straight exactly.
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20 October 2024 | 7 replies
Under the rental section it doesn't make any distinctions re: advertising, but it does under mortgage lending and mentions rental housing.
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20 October 2024 | 84 replies
You could invest passively by being a private lender (earning high interest), being a money partner (getting equity and a return for no work), investing in a syndication deal (similar to money partner but on bigger deals where you are one of many investors), buying another investment property and hiring a property management company, or investing in stocks.
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23 October 2024 | 22 replies
The fastest way to scale and the way that I have been scaling now is by doing multiple BRRRR using hard money loans from Wildcat lending and literally just refinancing them into DSCR loans.
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20 October 2024 | 6 replies
I recognize this is an older forum that’s been revived but Wholesale JV’s…when I learned there were investors being taught how to lend wholesaler deposits I thought I had seen it all but apparently not….
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15 October 2024 | 14 replies
Business credit is largely irrelevant until you get into the true CRE and commercial lending space, and even then, the key principles are weighted heavily.
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20 October 2024 | 14 replies
Hi Shaqiul,Unfortunately, a 90% Cash-Out doesn't really exist in the private lending space.
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14 October 2024 | 12 replies
I've also considered Turnkey and Syndications because of how passive they are.
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23 October 2024 | 8 replies
Ok lets take a step back and please dont take this the wrong way or think I am being condescending however here is how loans go.1. you have the borrower who I guess was introduced to you and is on BP and talks about doing JV s and deals etc.. 2. you agree to lend money on one of his/her projects.3. you identify the property and the amount your willing to loan.4. your borrower will open escrow so you get a lenders policy of title insurane and insure your docs are recorded correctly.. most will prep the mortgage or Trust deed but most will not prep the note they will want an attorney to do that.. 5.
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17 October 2024 | 5 replies
So many "meetups" are just veils for the hosts who are looking to find investors for their next flip, syndication or coaching program.