Jonathan Chan
Thinking of becoming a private money lender? Vet your borrower properly!!
25 November 2024 | 16 replies
Thorough vetting is absolutely essential in private lending to mitigate risks and protect your investment.Here are a few additional tips to enhance your due diligence process-Assess Their Exit Strategy: Whether it’s a flip, rental refi, or sale, make sure their exit strategy is realistic and aligns with market conditions.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
For acquisition, I use my local hard money lender that holds the best loan product with a 100% purchase/100% rehab hard money loan!
Ilya G.
Using cross-collateralization as a method of down payment
28 November 2024 | 10 replies
There is a product for this, but honestly its going to be more along the lines of hard money.You are going to save $$$ by just simply doing a cash out refinance and using that as your down payment; especially if you have good credit.
Elwin Green
Just introducing myself
25 November 2024 | 14 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Bill Haley
PropertyGRID platform - Who knows about it?
15 November 2024 | 4 replies
https://propertygrid.com/Someone told me about it and it uses blockchain technology and tokenization of ownership with the purported goal of enhancing the real estate transaction and opening up global markets.
James Humphrey
How to finance a 5 unit multi-family Short Term Rental?
25 November 2024 | 3 replies
But with this being a 5 unit multi-family building most lenders do not offer a loan product that will take the STR revenue into account.
Danny Lyu
My 2 Options: Personal vs Commercial Loan
26 November 2024 | 35 replies
@Danny Lyu If you're getting 10% down on that loan product, I would definitely do that and just close in your personal name.
Brandon Brock
Eddie Speed Note School
7 December 2024 | 150 replies
Gurus teach (and I use that term lightly) MARKETING aspects, how to, without any meat of the product being traded.
Lisa Choi
New to BiggerPockets – Excited to Connect, Learn, and Grow with the Community!
23 November 2024 | 6 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Account Closed
East Fix or Unfortunate Replacement?
22 November 2024 | 2 replies
Stores like Home Depot or Ace will have products specifically designed for removing difficult adhesives, but you can also DIY with household products.