4 October 2021 | 1 reply
@Shatavea Wallace First steps: 1) Find a lender - I recommend someone local, ask your real estate agent who they can recommend or start calling around2) Find a real estate agent if you haven't3) Have some cash for the reno (whether it is hard/private money or personal cash); no matter how you structure, you'll need some backup $ (how much depends on how large your project is)4) Read in the forums/education articles here on BP https://www.biggerpockets.com/...
4 October 2021 | 4 replies
Hi - My partner and I recently came across a rental property where we would use private money to come up with the down payment as the property will be financed via a traditional mortgage.
4 October 2021 | 1 reply
The first step I would recommend is to get on the same page And set the goal. from there the path probably isn't incredibly different depending on equity on the house you bought you might try and refinance and pull money out for a down payment on the next property whatever property that is.alternate methods of buying another property would be things like seller financing hard money private money or if you have the means obviously cash.But seriously the best thing I can tell you is to make sure you guys are on the same page and pushing towards the same goal If you're not it's going to be miserable
4 October 2021 | 0 replies
I will be doing private financing through the owner to get the land.
27 December 2021 | 2 replies
I have already consulted city planning officials, architect, surveyor and bank and private lenders.
5 October 2021 | 2 replies
You might be better off telling all your family and friends what you doing and trying to raise some private money.
6 February 2022 | 19 replies
If you don't mind, I'd be interested to know which banks you tried working with via private message?
6 October 2021 | 2 replies
One of the main things that seem to allude to me is what sort of paperwork do Private lenders want to see when someone is asking for a loan?
9 October 2021 | 27 replies
Have you thought about investing in someone else's deal as a private lender to get your principal plus interest returned to you?
5 October 2021 | 1 reply
Specifically I would like to get into small multifamily properties and possibly brrrr-ing them I already have secured a private lender who has capital.