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3 September 2024 | 10 replies
I have a pretty good network of private money lenders as well as hard money.
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4 September 2024 | 3 replies
Won't market a specific one (Feel free to reach out privately), but those are easy to use, nontechnical, and provide okay + results.
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3 September 2024 | 7 replies
If you're specifically looking for funding for real estate investments or rehabs, you might want to consider investment property lines of credit, business lines of credit or private lending.Let me know if this makes sense or you have any further questions.
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4 September 2024 | 5 replies
Reasons to sell the seller on the Owner financing might be, because you are going to do a substantial rehab to the property, or that the property doesn't have any buyers, and this is a way to sell the property.Seller Financing works a lot better when there is not a realtor to pay, where a realtor's commission could be 6%, which on a $300,000 Purchase would be $18,000.An additional option you might consider if you are looking at purchasing this property to do a flip, or fix and rent, is you could propose seeing if the seller would partner with you, and you would secure a Private Loan for 50% of the sales price, plus the rehab, and if there is enough upside equity, you would probably be able to do a cash out refinance and pay off the seller that way.
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3 September 2024 | 6 replies
If there are HOA restrictions, you can list this in private remarks so other agents can share it with their clients so as to not deter buyers as well.
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7 September 2024 | 85 replies
Happy to discuss pros & cons from my experience with you privately if you want to message me.
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3 September 2024 | 5 replies
@Alessa LeSar: We have a couple private money lenders in our Asheville BP meetup network that would be eager to finance you.
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8 September 2024 | 101 replies
We have about 100 class C properties in Northeast PA.Most purchased and rehabbed below 40k a building.We use a private lender because it's hard to get a bank to do loans this small.
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3 September 2024 | 0 replies
Private Money How did you add value to the deal?
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3 September 2024 | 0 replies
Private Money How did you add value to the deal?