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22 May 2024 | 6 replies
Therefore, since this loan will end up sitting on the lender's balance sheet, you should be prepared to pay an interest rate that would make sense for that lender to have their money tied up without earning the additional income they would earn from selling their loans at a premium on the secondary market and being able to re-lend and keep flipping the money.
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22 May 2024 | 6 replies
My plan will be to purchase a vacant land with cash and finance the home build through a private money loan.
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22 May 2024 | 7 replies
I guess maybe, I could put less money down, so I could show a greater loss for this year?
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22 May 2024 | 8 replies
If you want to make money in real estate you don't cut special deals because of a sob story.
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22 May 2024 | 15 replies
Go right ahead... burn your money, others have more common sense!
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22 May 2024 | 4 replies
Other words I find a way to make the deal work.For example,I just bought a property with hard money to buy it, expand on it, and rehab it.
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22 May 2024 | 0 replies
It seems like a huge market to make money.
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22 May 2024 | 2 replies
Just follow the money.
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22 May 2024 | 1 reply
If you are only buying creatively or with private money I hear good things from people who use them.
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22 May 2024 | 13 replies
I set up my mortgages so that they bring in enough money to be offset by depreciation.