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Hello BP community, I am very new to the world of real estate (and I mean VERY new) Like a lot of others I’m not super rich so I don’t have a lot of money to just throw at properties. There is one thig that has been o...
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Good Morning BiggerPocketsWhile I know most on here are not attorneys to provide legal advice I am curious to hear from folks who may have done something like this before.Here is the overview.I have a few private inve...
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Hi there, I am wanting to do a brrrr deal and i am seeing some people on here saying that you cannot use a conventional loan and a private loan at the same time. I thought that is how the brrrr strategy worked? My und...
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We’ve made over 10 offers on sound deals meeting our criteria, only to get beat out by “cash offers” so I’m considering private $ lenders & have been contacted by a few...but I get totally on the defensive every t...
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I have a property under contract in a cash deal. I would like to put a mortgage on it as soon as I can to free up cash for follow-on opportunities. I am familiar with the cash out financing rules if I try to financ...
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Let's assume you have a short list of potential private lenders whom you know personally, but you don't necessarily know if they are interested in private real estate lending. What are the best ways to approach them a...
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Hello everyone.I am currently working to find deals near Fayetteville, AR and Springdale, AR. Decided to send messages to wholesalers in my area.Perhaps they can get me some discounted MFH in the area.Do you think thi...
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Good evening, I have a question about private money and a possible rental property.Excuse the possible noob question... If I acquired a property using PM and I turned it into a rental property. How would I pay my priv...
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Hello,
I was wondering does long term real estate holding properties such as properties work using private money/investors money? If so how would you structure a deal where they get there ROI monthly/quarterly/year...
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What are some of your guy's tactics to get private money?My only tactic so far is to ask relatives if they got some spare change lol. Of course, I want the benefit them as well.