Mark Anderson
Advice On Using Hard Money
Hi y'all I currently have one quadplex I put 20% down and am looking to BRRRR another property I currently have the funds to afford 20% down and a rehab budget but will then not be liquid to purchase another property ...
Tom Willson
Doing business starting out
Starting buying our first investment property. We have sent paperwork to form an LLC. Property is going to be funded through a personal loan (have gone over safer strategies with a lawyer but it’s what we can do to ...
Blake Jones
Financing Mobile Homes
I flip vacant lots. I've got a lot i want to put a mobile home on. I don't want to use my own money. I want to use borrowed money. Anyone know of who will finance mobile homes for this purpose? Thanks.
Gregg Hutton
401k to use as down payment
Greetings to all, I am currently looking to purchase a home using my 401k as a down payment. I recently came across on BP the blogs about Non-Recourse Loans but wasn't sure if it applied to me. I am looking to purchas...
Todd Keith
What's the Best Way to Purchase 27 SFRs All At Once?
Hi BP, We just sent over an LOI on a 27 residential package deal in Ohio. All houses are located in the same neighborhood, all leased, and cash-flowing at $21k a month. We have a property management company ready to s...
Alex Shaughnessy
private money for flipping
Hello BP. I am newer and had a question about obtaining private funding for flips. I know most people are getting 7-10% for private money but if a flip is only taking one month how is it paid out?for example100k at 7%...
Brian Cremer
Private Lending from Friend
I currently have a house I am remodeling that is being funded by a friend for the purchase price and part of the rehab amount. This friend has a lien on the property and a lien on another property that I have a large...
Sanjay Gupta
Hard Money Lender rehab amount
Is it legal for hard money lender to charge interest on full rehab amount even though full rehab amount was not given. We have 90K rehab money which was funded by Hard Money Lender, however due to stricter guidelines ...
Dongyan Zhao
nightmare: holdover seller
We are being too naive to lease it back for the seller, and now a week past the moveout date, they are still there with different stories for not moving out. Bigger pockers, do you have any recommendation on the attor...
Celia Moore
Buying Real Estate with Your Self-Directed IRA
Since 1975 Wall Street has been able to keep a secret; It is possible to invest retirement funds in Real Estate. Not only is it legal but diversification strategies would dictate it the prudent thing to do. Real Estat...