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With private money for say a rental property, are you generally able to make extra payments on the debt every month to pay off the loan faster? On the same note, could you get a 15 year private money loan on a rent...
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I hope someone can point me in the right direction to achieve this. I am involved in the "Cash Buyers" area on this site... I keep seeing commercial lenders listed. Does anyone have experience with a residential Priv...
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Hello REI friends! Currently i am remodeling my investing propery to hold and rent, I am planing to start with BRRRR method. I own the property 100% (paid cash) over the property ill be looking for home equity loan t...
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Let's say you use a private money lender, so you pay cash for a multifamily property and the rehab costs. Is it more difficult to cash-out refinance after you raise the value of the home compared to an HML or traditio...
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Hey everyone! I am interested in implementing the BRRR method in Baltimore, MD and am wondering if there is a way that I can refinance sooner than 6 months seasoning? Also, does this seasoning period start when I cl...
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I'm new to Private Lending. I've been concerned about how to cover myself in a transaction, but am now asking about if there is anything legally I need to do to be a private money lender. Anything legally required? ...
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Hi! Looking to understand more about private lenders and what they look for in new investors. More specifically the different things they look for in brrrr and turn key properties. If I understand it right, which I pr...
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Hi, anyone know any private lenders or how they go about finding and funding off market deals?
I have been putting 20% down on deals and it has caught up with me on repairs especially AC repairs and roofs.
I have been investing since 2007 with my family, we used own our money to buy our first property, and then our second property which is a triplex using creative financing (we literally don't paid any money, just th...
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if a bank doesn't let you take out a HELOC for 12 months, how can I implement the BRRR strategy?