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13 January 2025 | 15 replies
I'm particularly interested in what tactics people have implemented for sourcing quality deals (not the I need 100% financing bs)Would you:1.
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9 January 2025 | 15 replies
Its hard enough if the home was in your name let alone an LLC as your LLC can not get any bank financing.
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10 January 2025 | 2 replies
If you have cash on hand to fund the rehab and want to extract it soon after the project is done, you can use delayed financing.
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8 January 2025 | 5 replies
Does anyone have any creative financing advice or any insights?
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7 January 2025 | 8 replies
The vast majority of these units I purchased using private financing with $0 out of pocket.
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7 January 2025 | 1 reply
Borrowed money from friends and family to pay cash for the property as the bank would not finance it until it had been remodeled, made livable, and brought up to code.
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19 January 2025 | 47 replies
Also, I think this could not be used as secondary financing.
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13 January 2025 | 9 replies
If she wants to owner finance it that's great but I would want full control. 4.
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7 January 2025 | 8 replies
Then connect with some hard money lenders (you can find some here on BP as well as some who are typing this right now) and connect with them to understand their product type, what they like to lend on and requirements.Hard money broker is all numbers game of making relationships and helping those that are looking for financing, it starts out slow but if you get with a few good borrowers and lenders it can be pretty decent money to be made.As an example we paid six figures last year to HM brokers.
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7 January 2025 | 20 replies
My education background is in computer science, mathematics and some corporate finance, as well as have some internship experience in the quantitative finance space.