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Hello, how are private money lenders typically repaid for a BRRRR method transaction? Example: our lender is providing us with $40,000 for the purchase. How (term, rate etc.) would they typically be repaid if we plan...
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Hello Bigger Pockets community,Disclaimer: This is specifically a general question and I am hypothetically asking for informational purposes in case there is a way that I am not familiar with and appreciate the wisdom...
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How does the structure of private lending work exactly? Is it money from friends, family, and everyday average Joe investors? Is it simply just an I.O.U. and keeping track yourself of who you owe money or does it stil...
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Hi, I'm new to biggerpockets and looking for some advice on first time lending. I am thinking about privately lending to a friend who has many years of successful REI experience. One of my concerns is usury laws. I li...
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Hello Investors,I was wondering if anybody has any experience with USA Private Money (http://usaprivatemoney.com/)? I've been coming up with my business plan, yes I am a newbie investor, and I was hoping to use this c...
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Does anyone have a letter that they send out to private lenders to establish partnerships?
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What kind of rates are currently available for TX? points/fees, rate?Thanks!
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Hello all,I started my education in September of 2015, concreted my niche as a flipper, leveraging that profit with dreams of owning 300 doors (single and small multifamily) in and around Chattanooga, Tennessee. I fo...
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Am a mother of 2 with a wonderful family. Am a professional in the private lending, real estate and investment field with over 15 years of experience. I fund deals and help other with a bad credit find good deals to h...
Hi everyone!I'm new to the RE world and just became a RE Agent as well. I want to start fixing and flipping with a family/friend who will be the financial backer. What is the best way to structure a deal with them i...