I know this is a long shot, but anyone know any lending institution or PI in Florida willing to take 2nd lien position on a property? We are seasoned investors, many years of experience, and have came across a deal t...
What kind of points and interest rate is considered a good deal for hard money? Finding lots of conflicting opinions on what's out there.
If private lending (immediate network of family/close friends) isn't an option, would the next step be a hard money lender? I only need it for the 20% down payment, not to finance the full asset, an 8 unit apt. Is i...
Hey all, I am looking for some advice on how to structure a partnership with a developer. The developer will be doing all the "work" from identifying the site, land acquisition, and bringing the project to completion/...
Hey BP,I'd like to get your feedback on how my father should be paid from my flips. First off, we have a great relationship that I wouldn't want to jeopardize over business so I'd like to present him with the fairest ...
Im not qualified for FHA since i dont have two years of tax returns....If i form an llc and syndicate money, is it reasonable to get close to 100% funding on it even if its my first deal?
Hi everyone,
I was wondering if anyone could give me some information. I know there are several ways to fund flips, hard money, crowdfunding, personal money, investor, etc. I was wondering if anyone had any thoughts...
If I am flipping a house with a partner...Question is between the two of us, how to split profit for 80/20 investment plus 50/50 sweat equity. Option 1:I’ve heard people say to split entire the profit 80/20 based on ...
What would be a fair split or structure for the following situation?I have two friends with solid capital who are looking to start investing with me. I would be doing all the work - finding properties, renovating, ren...
I was told the following, could someone confirm or deny this is accurate?If I pay cash for a home, rehab, rent, and go to refinance Fannie/Freddy guidelines will require me to keep 20% equity/my own cash in the deal r...