Hello Everyone!About 2 months ago I got referred by a realtor friend to an upcoming listing client of his to do a cosmetic remodel (new kitchen cabinets, bathroom vanity and new vinyl laminate flooring in the whole ho...
Hey BPC!Doing some due diligence on a private lender based in Lubbock, TX. I've got quite a bit on them, but am looking for anyone who may have actually closed and funded a loan with them. Client or Broker.Please le...
So I am about to become a new Dad! My wife and I have a baby boy due end of June 2022 and I am wanting to get some advice as a new parent as to what are some of the ways that you all have prepared for your kids future...
Someone once told me that he "builds or purchases and repositions" at 75% of FMV. Then, after 3-12 months, he refinances at 100% FMV and they lend him 75% of the value, meaning that he got all, or most, of his money b...
I work for a bank and during IRA training today it was briefly brought to our attention that the IRS waives its 10% premature penalty on a Traditional IRA distribution if that distribution is used for a first home pur...
If anyone else is frustrated with the current eviction moratorium in Minnesota, I would encourage you to write a letter (as I did) to Governor Tim Walz. It may not do any good, but the action was good therapy.
The ...
Hello,Looking at investing in my first syndication as an LP. Are there any potential problems with investing as an LLC and not as an individual? I'm considering doing it as an LLC to reduce liability.Thank you
I need to know where to start to create a 5-year business plan. I recently contacted one of my old General Mangers at one of my jobs who i really got along with. In Short I asked him if he ever did any type of private...
Hi BiggerPockets Community,
I’m in the early stages of launching a private lending business and would love to get some insights and advice from those who have experience in this field. My goal is to focus on non-QM (...