Scott Dearmore
private/interest only loan vs bank loan
New guy here! What is the advantage of beginning with a private loan or interest only loan, then going to a bank loan 12 months later when getting an investment property to hold on to? Why not start it off with a down...
Marcus Andrews
Private lending payback
So this may be a dumb question but I'm going to ask it anyways....I am new to investing and have done research for the past couple years. I have decided to make the jump this year. I have been looking at a few propert...
Randy Gross
I need Help/Advice with Funding in Florida
I'm so stressed I don't know what to do or where to turn
recently bought 2 property's
1 needed more rehab then i thought
1st. property SFR 3/2 home value after rehab complete 75k
2nd 3/2 20...
Brian Lenzer
Friends and Family Loans vs Conventional Loans
I am considering purchasing a property through a loan from friends/family. Are there any non-obvious downsides to this kind of loan? Is there a set legal range for the interest rate? Any knowledge/resources on this wo...
Matthew John
Private Lending on a Land Contract
Hey guys, I just got a Multi Family property under contract and I want to bring on a Private Lender to fund the down payment and rehab costs. I'm trying to figure out a way to do this so the Private Lender is protecte...
Justino G Peralta
5 Housman St, Danbury, CT 06810 fix / Flip deal.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $180,000
Cash invested: $65,000
Sale price: $328,000
Bank owned REO. FIX / Flip deal for one of my private inve...
Robert Fountain
Private Lender. Deal first or approach about financing first?
I'm looking at buying my second rental and this time I'm going to go with a private lender. The good news is that I have some great connections from my previous job. I have a great relationship with the previous own...
Shu Zhu
Interested in learning how to be a lender
Hi All, I'm very new to BP and just participated in a BP get together this week in Houston. I'm interested in being a hard money lender, but have never done it. As a licensed agent with a very analytical background, I...
Jason Smith
New member with existing properties and financing connections
Hello everyone! I am a new member to the BiggerPockets website but I have been investing in real estate for some time and I'm addicted to reading/listening to books recommended by the site. I own 6 investment properti...
Adam Figurski
Best Lending for Package Deal?
Hello, I am looking for advice on the best way to fund a package deal. My experience as an investor is that I have purchased one property in Jacksonville Ar. This property appraised at 110,000 and I purchased for 95,0...