Understand the basics of private lendingResearch real estate marketsDetermine your investment strategy and criteria for loans, including:- Amounts- Interest rates- Repayment termsCreate legal documents with a lawyerNetwork with real estate professionalsPerform due diligence on potential borrowers and their projectsBegin with smaller loans to gain experienceMonitor your investments closelyConsider joining a private lending group for additional resourcesStay informed about real estate trends, lending practices, and legal regulations

Conventional Financing How did you add value to the deal?

So could you take out the $50 you need in a term loan and also open a LOC large enough to cover any issues that arise?

Finding a househack in Buckhead will be tough with your income and the average price point. 

Now if you could put down half of that and get the same cash flow, that would be a different story.

So most investors just throw in the same expense factors no matter the age of the property.

Welcome to the BiggerPockets Community!  

Liam,I have looked at the multifamily in the Seattle area... very hard and frustrating. 

I was recently looking into wholesaling in PA around the Wilkes-Barre area and was wondering about the overall laws and regulations.

It does seem competitively priced for the area.If anyone has insights into how the existing HELOC might impact the mortgage assumption or tips for negotiating on a deal like this, I’d greatly appreciate it.