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29 November 2024 | 12 replies
While this is a convenient option, the downside is that they don’t offer any advice—legal, tax, or business-related.
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25 November 2024 | 4 replies
Plus, the relationship-based nature of private lending can lead to more long-term, win-win partnerships.Banks definitely have their place for more traditional loans, but for many investors, the convenience of private lending outweighs the higher rates—especially when time is money!
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1 December 2024 | 15 replies
you'd be surprised how many "issues" are pretty simple little things.
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5 December 2024 | 31 replies
It's like you're building a money-making machine with PadSplit, but the fine print in the financing realm can throw in a curveball.Have you run into any specific challenges or surprises when it comes to financing after making these renovations?
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1 December 2024 | 13 replies
Sai, I am surprised you chose Indianapolis over Columbus.
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25 November 2024 | 16 replies
Based on personal experience, I would add assuring the lender is specifically authorized to perform an on-sight property inspection, at the lender's discretion / convenience.
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6 December 2024 | 45 replies
I think you would be surprised with what you find here.
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29 November 2024 | 9 replies
I wouldn’t be surprised if it’s a marketing gimmick to get potential borrowers through the door through weirdly worded non recourse language that is effectively recourse or by offering such terrible leverage borrowers would rather have the recourse and competitive terms.
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5 December 2024 | 34 replies
I haven't done that or put anyone in collections.I'm surprised they asked to add someone to the lease instead of just moving them in.At least they let you know they abandoned and gave you the keys.
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26 November 2024 | 2 replies
If it's revocable, then there should be options but it's important to let them know up front so there's no surprises.