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7 August 2018 | 4 replies
So I am very new to this and this question may be silly, but aside from anything conventional, could I get private or hard money just for a rehab on a property I already own free and clear?
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11 August 2018 | 15 replies
I will send you a PM as I am interested to meet with you and keep the conversation going.
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14 August 2018 | 14 replies
It's placed on private land and it has historically been up for sale for decades.
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13 August 2018 | 3 replies
Usually non-recourse debt begins at the $2mm mark or so, depending on the property type.Your best course of action would be to find a private individual that will lend you the capital, or raise it, and have it specified in the loan documents that this mortgage is non-recourse.
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13 August 2018 | 5 replies
You're going to have to get a property under contract with a long enough time to do all the things that the crowdfunding website will ask of you.Typically crowd funding websites have minimum loan amounts so make sure that your property is above this minimum amount.Something else I would look for are private money lender or equity partners.
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13 August 2018 | 9 replies
Most Hard Money Lenders have a minimum of $50k.Here are two good resources to find lenders:https://www.scotsmanguide.com/Residential/LenderSe...https://privatelenderlink.com/You can bring in a private money lender to provide the $25k secured by 1st Trust Deed.Where is the property located ?
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21 August 2018 | 2 replies
(completely new or garage conversion?)
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27 January 2020 | 13 replies
Those conversations are a lot easier to have than a cold call, which could be overwhelming due to not having any prior experience.I'm not a huge fan of List Source data.
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12 August 2018 | 4 replies
When I was analyzing deals in the Private Equity sector, I saw everything from 26% - 42% IRR needed depending on the size of the company managing assets, additionally how many Management/Fee company's are factored into the business model and at what point in the expense model they're collecting fees.There are payroll, Marketing, Office space, etc... now a part of your business model, acquiring an asset for cashflow becomes a small part of your equations.