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Apart from Hard Money lenders, I've been working to find my own private lender. He's interested and now we've reached a point to discuss payment. Do I offer just a flat percentage return after 90days? How are you stru...
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I am doing a private unsecured loan of $10K at 11% to a real estate development firm. I have received personal guarantees from the 3 individuals whom make up this firm as well as added on the insurance (except life). ...
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In a couple of weeks I'll be getting my RE license and I look forward to jumping right in. After spending a year in the wholesaling world and working with a bunch of agents, I learned more about what I don't want in a...
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I recently got involved in joint venture that's now starting to smell. The facts are:Partner is a general contractor who was supposed do the rehab, with his efforts and also using subs when needed. He's working off re...
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Upon finding a property or home and passing the lead to an investor should I have something in place such as a finder fee agreement ? and if so will I need to set up with a lawyer or will the finder fee forms on-line ...
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Hello everyone. I would like to get an LLC started but I'm not sure where to start. I thought about legal zoom because they may be less expensive than a lawyer. How did you get your LLC started? Thank you!
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Hello!Finally introducing myself after 6 months of learning with the BP Community. What a GREAT place to learn! and man, some of you are SOOO young! LOVE the energy!Perhaps I can show you what a 62 year old grandmothe...
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So I was sent a letter from a collection agency with an old Comcast account. They gave me an “Offered amount” to settle the debt and close it out. I asked nicely for a letter in writing that they will not report the d...
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Hey everyone!I have been looking into real estate for awhile but I am a student full time as well so it is going slower than I would like. I am interested in starting to invest by raising a pool of money from outside ...
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I just purchased my first investment duplex at the beginning of this month. I know I want to buy more properties in the next couple years but for my first one, how can I setup an LLC for the best asset protection? Whe...