How do I get private money? also after I get the money how do I create a legal mortgage?
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Thoughts on $150000 loan @6-9% interest amortized for 15 years with ballon in 5 years for a down payment on a self storage complex? Or would you find pm to finance the entire purchase and refi after a year?
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Grandmother has no retirement. Looking to help her out and buy her house from her accomplishing two things: paying off her remaining balance of ~$30,000 on the mortgage, and giving her enough of a monthly annuity from...
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Private Lender
Hello, I am hearing 100 times how I can use a private lender or hard money to buy rental properties and then later refinance with a bank. But I already have 10 conventional loans which is the max limi...
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This isn't my deal but I want to give a shout out to BP member @Corey Jacobs for not only closing his first deal this week but also for skipping the SFR phase entirely and jumping right into a 6 unit property!He did s...
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Curious the difference between hard money vs private money lenders? Could someone please explain to me and let me know the pros and cons of each?Thank You!Ben Scarborough
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Hello there, I am newer to real estate investing. I've done a few flips and have a few rental properties, but am really interested in learning more about partnerships and how each person involved in the transaction i...
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Hey friends. I have sourced 3-4 private lenders (family and friends) who are willing to assist with property acquisition via private loans. This would not be for the whole price of the property, so I'm still utilizing...
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Please provide useful advice on locating, assessing, and negotiating private money lending deals, especially from seasoned professionals. I wanted to ask for some of the greatest advice you could provide me as a novice.
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