Due to unforeseen circumstances I ended up spending more than I anticipated (like everyone warns). What is the best way to raise 40k to finish the job? Because I’m in the middle of construction I can’t pull out an equ...
A question that comes up ALL THE TIME on BiggerPockets is this: "How do I get started in Real Estate without any money?" I think that it's fantastic that people are ambitious and want to change their lives for the be...
How is capital/profit moved to and from an investor to a business? Person X wants to invest in Flipping LLC. Can they simply wire 100k to the business account?Can the business account wire 110k to person X when the pr...
Can you really be a one-income family in 2024? Not if you don’t know how to budget! To achieve her money goals while living on a single middle-class income, Emy knew she had to take control of her finances and seize a...
My title company in NWI has two files of mine and mistakenly sent two draws to the wrong person. The person they sent the money to already spent it and says they will pay it back but keeps missing the deadline. The ti...
Hello all,I am considering doing a private money loan tied to a mortgage to a friend of mine. The mortgage of the property will or should protect my investment just like a bank mortgage (or so I hope). I received th...
Hello,I have a 50/50 LLC with my spouse. Obviously that LLC income flows directly onto our personal joint return. The LLC has a separate bank account to keep funds separate. The LLC money has been reinvested in anothe...
Would I be able to use a business credit card for a down payment on a hard money loan?
Hey Everyone,
So i was doing a flip which i purchased with a hard money loan under my LLC like i do 99% of the time. After renovating the property, i decided to keep it to myself and live in it.. Currently, im tryin...
Good afternoon all, I got approached for the first time to be a hard money lender on a deal in the state of Washington. I've never done this, before. I would appreciate any advice you may have on making this happen w...