Frank Alfano
New to BiggerPockets: Seeking Tips on Private Lending - Finding Multifamily Property
22 December 2024 | 12 replies
If you’re looking to connect with private lenders, start by tapping into your existing network—friends, family, and colleagues can often be a great starting point.
Taylor Jernigan
Best place to find actual private money lenders and not brokers?
7 January 2025 | 2 replies
Hi Taylor-You are looking to connect with private individuals who lend money on real estate deals and not looking to work with a broker but private individual lenders.You asked where to post your deals to attract these private individual lenders.Three thoughts on that:1.
Deborah Wodell
Private Money Lenders Using Their Own Funds?
30 December 2024 | 14 replies
Also, if you’re a private lender yourself, feel free to chime in—I’d love to hear from you!
AJ Wong
Ten Real Estate and Economic impacts of the LA Wildfires
14 January 2025 | 2 replies
As we’re beginning to get a grasp on the scale of the challenges ahead we wanted to highlight a few areas of note and concern that is already influencing the local and national real estate market.
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
If you don't have the relationships, hire someone who does.This is why Brian Burke can go “large corporate” while I have to stay “small private”; he has the ability to MANAGE PEOPLE that I do not.
Dan Grove
Looking for advise on finding private lenders
29 December 2024 | 13 replies
@Dan GroveAs a private money lender I agree with Nicholas' sentiment.
Taylor Jernigan
Looking to Connect with Private Real Estate Lenders – Any Recommendations?
6 January 2025 | 3 replies
Hey, I’m looking to connect and network with private individuals who lend money on real estate deals.
Jonathan Small
Case Study: Cockroaches to Cash Flow
27 December 2024 | 2 replies
This provided a substantial return on the initial investment and freed up capital for future projects.Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender•Appraised Value: $160,700•Monthly Rent: $2,150•Cash-Out Refinance: $3,200 after paying off private lender and myself•Rate and Term Refinance: 30 yr amortization, 7.25% interest, 70% LTV•DSCR: 1.45%Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)With a 40% expense ratio, the DSCR is approximately 1.45.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
Ohio & Michigan were recently highlighted in the rust belt as good values that cash flow.
Ken M.
What's Alive For 2025 - "What Is The Biggest Risk For 2025"
2 January 2025 | 0 replies
"What Is The Biggest Risk For 2025" And 13 Other Highlights From DB's 2025 Market Survey"The Deutche Bank 2025 global financial market survey had 471 responses from around the world, and was conducted between the 10th and 13th of December 2024.