They want a property that needs work, but not necessarily one with extensive damages.

Hello Everyone,A private lender is offering a home equity loan on my old single family residence.I am assuming he will put a lien on it with a 2nd position, correct?

If you're local or you would be willing to travel, there are some wonderful meetups organized by some really smart individuals in this area who aren't all on BiggerPockets: W2-RE Investing Austin MeetupReal Estate: Investment-Education-Training-and-NetworkingAustin Private Lender and Borrower NetworkingYou'll be able to get some great information here and meet some people who have 40+ years of experience in the Austin Real Estate market.Let me know if you end up attending - I'd love to meet in person!

I am interested in knowing if anyone has worked with private funding/investors for a percentage of the profits and not pay any interest rate or points. 

Hello,I am new to real estate investing, particularly in finding the right person to help me find a great deal (I.E. real estate agent and/or wholesalers), contractors to help repair the home, escrow agent (ensure I get the numbers right) and private/hard money lenders. 

With the last house I flipped, a partner and I borrowed private funds at 12% to acquire and rehab the house, which was a starter home somewhat out in the sticks near me.

Private investor  

This allows for infinite scaling as you grow to compartmentalize the liability from properties, but the “child” series LLC are private documents and can be established from your computer - it’s a fantastic tool.

I am just starting out.....I recently met with a lender who suggested I get financing personally as opposed to my LLC.  Informed me that it would be more difficult and expensive to secure financing as an LLC.  My conc...

My principle in this scenario would be $6K.Cumulative cash flow - Total cash flow for this time period (Total Income minus total expenses, including PITI)Debt paydown - Initial debt balance at purchase minus current debt balanceMarket appreciation - an increase in appraised value without extensive rehab.