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In the How can a college student get started? discussion, the author asked "[w]hat would give the owner the security of knowing the transaction would be beneficial for both parties?" This got me to thinking. Can you g...
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I just finished up on a rehab and I want to take the equity out of the property to buy another investment property that I found through my monthly mailer. Can anyone suggest a bank or company in Philadelphia that is r...
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One of the advantages of using private money loans is that they can be structured more favorably than an HML or bank loan. However, there are still some general rules of the road that even private lenders expect. I us...
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Hello all,
I had a question about a strategy I see all over the internet where people raise money from a "Private lender" form the down payment on a property and then the rest they raise either from the bank or from...
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Hey there, I’m working on getting my first deal going and will be going the private money (uncle) route for buy and rehab. Purchase price 95k and 20k in rehab.
But I'm curious to know:
1) When purchasing will the pr...
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This is a serious newbie question, but I'll go ahead and ask anyway. I want to start flipping houses here in San Antonio and I'm seriously considering hard money. I've read about the Closing Costs associated with the ...
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Hi, I want to invest in real estate as a private lender smarter not in stuck I don't like the up and down. I am looking to invest my money Wisely like the back based on holding asses lending money LTV of 70-75 ...
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Can some experienced investors with apartment buildings help me clearly understand the financing aspect of purchasing an apartment building. I am looking to purchase a building with 10-30 units anywhere from $700,000-...
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I may have found my first investment property! I am very excited as I think it will be a great investment opportunity. It is a duplex with a purchase price of $250,000. Estimate cash flow is $400 per month as is. I pl...
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I will be closing on a rental investment in two days and already have my eyes on another. I believe I found a way to come up with another 25% down payment for it. Would I be pre-approved for another loan right away?