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I know its only been a year, but I still consider myself a rookie based on some of the experience I've seen on this board. So with that said, here is my questions.There is a ton of sites out there that talk about pri...
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I want to make sure I got the full understanding when it comes to Partnership Financing. Please if anyone can fill in the gaps. 1.) Fully Equity Partnership is mainly used when flipping Houses. You use the funds of...
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I am in the process of reading the brrrr strategy book and I'm having trouble understanding how a person still has equity after they refinance. Lets say I get private money to fund a deal which is purchased for $75,0...
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Long time reader, first post. I recently graduated with an enormous amount of debt (>150,000). This is causing my debt/income ratio to be too great for many traditional lenders. I currently generate $3,200/month wi...
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I'm looking to get private money lenders to loan the down payment for my hard money loans (to do flips), but I'm wondering if that puts them at a significant risk. I'd like to know how I can best protect my private l...
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Hello Everyone, I am looking to purchase my first rental property in Detroit. I am interested in using private money lending to make it happen. I have been studying for my real estate degree for the past 3 years and w...
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Hi, I am looking for private money for fix and flip and I’ve been getting emails from “private lenders” from being active in Facebook groups. How can I tell if these are legit private lenders? I have one saying I can ...
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Your goals and story: Currently have 1 rental property (2 units), looking to get another during Winter
Type of property: Multi family
Location of property: TN
Purpose of financing: For downpayment on conventional l...
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Hi guys, I purchased an SFR using private money and am now in the process of doing a cash out refi. My goal is to be able to purchase more rentals but without having to use private money (since it's not always ava...
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Looking for advice on aquiring private money. We have a solid consturction background and on our most recent deal purchased a property for $25k, spent $28k on rehab (40 days to complete), and have a deal in place for...