Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
Be prepared to spend a lot of money creating the infrastructure.
Heather McNicol
BNB Investor Academy - Reviews?
31 December 2024 | 76 replies
I've been trying to get my money back since week 2 of joining.
Deborah Wodell
Private Money Lenders Using Their Own Funds?
30 December 2024 | 14 replies
Quote from @Deborah Wodell: I’m looking to connect with private money lenders or investors who lend their own funds for real estate deals.
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.
Jason Gray
First shot at Air BNB in the Yosemite Corridor...
31 December 2024 | 4 replies
Sorry for the long winded back story, but end game is to put a A frame on the existing 20x40' stem wall above near where I"m standing, and put some stairs into a drop down area below for chairs/fire-pit overlooking the river canyon below (but out of view) under where the drone is flying.
Kamarye Hodges
Private Money Broker
9 January 2025 | 1 reply
Hello, my name is Kamarye Hodges and I am a broker, I wish to gain insight and experience. Hopefully I could even provide some sort of value to this group and most definitely do business with some of you. I like to bu...
John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
Buy a house using your parents' money, then manage it for them while living there.
Graham Lemly
Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
They saved up money.
Jimmy Jeter
About to run out of money
14 January 2025 | 9 replies
You need a firm estimate for the remainder of the work as your funds are limited (like most people who don't have an endless amount of money).