We own a duplex with a DSCR of 1.5 (from what I understand) and about 60% equity. When the pandemic hit we took out an equity line and I pulled all the cash out and put into a savings account out of fear that they wou...

I have a close friend who is a contractor and flips houses.  He has worked with other hard money lenders in the past.  I have been wanting to invest in real estate and he suggested that I become a hard money lender.  ...

Hi everyone,I am new to RE and I am looking at doing my first deal. I am looking at purchasing a SFR that has a one bedroom apartment in the basement that I can buy for 60k. It needs about 30k of rehab and the ARV com...

Hello BP!I'm trying to figure out how to analyse rehab costs and one of them is using private money.If I can buy a house for W amount of dollars, and it needs X amount of repairs, how much will a Y% private loan for r...

Anyone have experience with sandwich options in Texas? Came across a home where the owners bit off more than they could chew, one got aid off and now they are struggling. They are willing to walk away from the little ...

I heard there's a difference between cash out refinance to only refinance? Do seasoning time has to do with it? 

Can you solve it?  Which hard money lender is cheapest for a flip? Scenario:  $150,000 total loan, 100k towards purchase price, 50k for rehab.   Flips the house in 120 days.  5 rehab draws, 1 every two weeks.  Lender ...

I am making a private loan to a fellow investor. I will need to calculate the interest due and then send an invoice monthly with the amount due. This would be relatively simple to do with an excel sheet. I wanted to s...

So I have maybe silly question about private money interest rates.  I've got a potential person I can work with as a first time private lender, however I want to make sure when I try to convince them of their ROI I'm ...

Seems like it should be a simple formula, but my googling is failing me... I'm trying to figure out what a lender uses to calculate the following:Inputs: mortgage balance (after downpayment), interest rate, and loan t...