You only lose your money if you sell when it is down.

Hello BP,Inquiring for true Private Money Lenders for a fix and flip project in Houston, TX.I’d like to connect to provide more information about myself and the project.

I may also need to take out a small loan/line of credit to complete the house, depending on how far my money stretches. 

My preference is to always hold onto a property unless you are very, very certain you can invest the money somewhere else and make a better return.

I was also told by some of my clients that my property value will increase, and I will be able to get most of my money back out through a refi.

I'm sure he's expecting me to come back and negotiate something more but we are both very new at this and I have no idea what would be an appropriate value for the risk and the time my money would be tied up in this. 

@Justin Whitfield I wouldn’t invest in syndication right now because many of them are behind on payments and we’ve even seen some reports on the forums of some that have failed and taken over $200,000 of one investors money.

Hi All,
My name is David and I am with Property Sales Group. We are so excited to join the BP network. We flip about 50 houses a year and are looking to do more flips and wholesaling. I would love to get more leads a...

I don't like the terms and would try to avoid.We could still do a conventional loan and if I'm not mistaken it'd be this whole "gift money" thing so the shared ownership wouldn't be recognized legally.

I think living in the house for a year would be beneficial, too, because you would qualify for a lower downpayment, but you would also be able to get it set up yourself while you are living in it to save even more money.