I have one property that was obtained through inheritance, but I've never had to acquire a property before, so I still feel very new to the whole thing.

How can I obtain hard money financing for a rehab property going to auction?

@Lydia T.

I plan to use the BRRRR strategy to obtain my properties.

Get a better understanding of the basics, like how to obtain a loan, house hacking, managing a rental, how to anaylze a deal or a market, etc.

If you started a business selling t-shirts, you wouldn't form a separate entity for each shirt sold.

Purchase price: $208,000 Cash invested: $91,000 Negotiated a 2nd Trust Deed on the property so that the client could maintain her existing great rate on the 1st and still be able to obtain cash out of the property.

What I want to do is instead, find an private money investor who would lend me $20,000 for 36 months at 15% instead of using a personal loan, as I read you are not able to obtain a personal loan to use as a down payment for an FHA loan.

Confirm that the IRA LLC provider will prepare all of the documents needed to not only form the LLC (articles of organization, SS-4 to obtain an EIN) but also the documents needed by the trust company to process the investment of IRA funds in the LLC.3.

I also know that after listening to lots of podcasts, obtaining HELOCS on investment properties is not impossible but it can be very challenging.