Jamie Adames
Private Money - Family / Friends
I'm looking into borrowing money from friends and family members via a promissory note secured by the property. I'm hoping to get some feedback and advice for this process and if there are things that I may be missing.
Adam Vodanovich
Paid cash for house $142k looking to cash out and rehab
Bought a house in a great neighborhood in New Orleans. We paid $142k for it all cash. Started a new company and put the house in that company. We have owned it for almost 60 days. Looking to pull some cash out to reha...
Bradley Rieger
How to start investing with little capital, but have other skills
I graduated college last spring so I have little capital to bring to a deal. I’ve been doing construction work since high school and during my sophomore year in college I started my own contracting company. My company...
Steven Lipschultz
Getting set up to buy and sell notes, do I need an entity?
I am preparing (with the help of PPR Note Academy) to enter the non-performing note business. I plan to start fairly small, with the purchase of just a few notes. This looks good on paper, but of course I may turn out...
Kirsten Milliken
What's a self employed person to do?
I just called my mortgage company to inquire about refinancing my mortgage and was told that lenders are not giving loans to anyone who is self-employed due to the pandemic. This is ridiculous! My income has remaine...
William Stewart
Cash out or sell to LLC Hard money Private
I'll explain this as best I can. I have a property owned free and clear. Manufactured home deeded to the land it is an investment property in my LLC. I am trying to pull out some equity to reinvest in more property. I...
Jeremy Silva
Closing a Subject to Deal right now, Need Help!
Hello everyone!
Any input would be greatly appreciated, especially if you have sub2 experience.
Heres the Scenario.
My partner wanted a Personal property for himself, called on a FSBO and the conversation went wel...
Account Closed
Selling house with a financed roof that has not been paid off yet
I've been playing with the idea of selling my house, and I'm sure this is a very basic question but I was not able to find any answers on the BP forum or on Google.Last year I got a 10 year loan to finance a roof repl...
Danielle Hammond
how do I know if an offered private loan is legit
ok guys, I have found the property of my dreams. Ive went threw twice, set up a business plan for the 3 rentals, had a professional heating and plumbing company go threw and give me an estimate. I have everything I ne...
Shane Miller
Process to follow for Owner Financing?
New to REI. Working on first deal. The seller is willing to carry the note in the property, but I don’t know the steps I need to take to protect myself. After we agree on terms and write it up into a contract, Do I ju...