HELOCs are a great way to participate in real estate because they offer inexpensive access to very liquid funds. 

Initially I was thinking that I would provide the rehab funds and manage the rehab like I normally would, which would put me in 1st lien position. 

There are a bunch of people advertising on Facebook being a private lender and I asked if they were the same as hard money and they said no ... he said they do 3-5% interest rate and will fund 80% and another guy said he’d fund 100%.

I'm trying to become more active locally, and am looking to farm off-market/foreclosure flips in Aurora to fund a BARRR strategy in Pueblo. 

People love to think it was a ploy to get rich on the interest (LOL....) but most of those funds were held in non-interest bearing accounts.

I believe you can put in up to $55k per year, and you can use those funds to invest in real estate, or make loans to yourself for other business ventures. 

I typically use hard money to fund my projects but I thought it would be great to bring him in as a cash partner.My question is how do you set up the partnership splits since he isn’t bringing all the cash, he is just bring enough to really cover the hard money fees and holding cost.  

Like the Dingo he came here not speaking any english and with limited funds and is now a real estate mogul.. were else in the world can you do that..

Rental properties are a great way to quadruple your net worth using OPM over the course of ones career.My suggestion would be to keep funding as many 25% down loans as possible with your W2 income & aim towards a great retirement.

hello everyone I am saling my condo to get the funds to start flipping Homs .