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26 December 2024 | 3 replies
There is a lot of information on BP regarding being a private lender and outside groups taht have a lot of support in this space.
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11 January 2025 | 10 replies
@Katie Southard This is the floor plan. there is another but that does not have a separate car garage and has private entrance only from the side.
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27 January 2025 | 48 replies
Feel free to reach out and we can chat about private lending.
12 January 2025 | 10 replies
Should you decide to do this full time and do more than 1 flip at a time, private lending and fix&flip loans will be the way to go.
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5 January 2025 | 2 replies
This is the only app I can find customized for tracking your hours and that of your cleaners, handymen etc...
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26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
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6 February 2025 | 19 replies
If you're not using Hard Money and the property won't qualify for conventional financing, then you'd probably need to locate private money or if you have friends with IRAs, they can be self-directed to invest in real estate.
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8 January 2025 | 33 replies
They have other nice benefits also such as not charging for appraisals if the deal doesn’t close, a great reputation amongst local listing agents with meeting deadlines/ great customer service/ getting the job done with no b.s. and they can often close in under 14 days.
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23 January 2025 | 7 replies
For a truly passive experience you'd probably need to be an investor in private equity deals or be a silent partner on a project.
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16 January 2025 | 3 replies
@Rennell Goudeau Hi Rennell, send me a private message and we can connect.