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...

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 ...

     Hey guys, one thing that I am struggling to figure out is how private lending works and how I can utilize it to benefit both parties in a buy & hold scenario.For example, when purchasing a property, you as th...

This is one of those confusing tax issues that does not have a short answer: do I need to send Forms 1099-INT to my private lenders, and do they need to send me Forms 1098?Part 1: Forms 1098 from private lenders to in...

I'm not looking to get into private lending. A big reason is because I don't have that kind of money. I'm just wondering why people get into private lending. It seems like BRRR is where you make good money and get a l...

Hey all,My partners and I have big plans--feel free to check out my profile page for a little background info relevant to the below discussion.My team and I just got off our weekly conference call. We checked in on s...

Good day. Who's an ideal lender (private, hard money, bank, etc.) to finance a purchase where the seller agrees to hold a 2nd at 25%?I just got an opportunity to acquire two very profitable investment properties, one ...

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? 

Hello fellow BP fans,I'm looking for the least amount of down payment on a non-owner occupied 2-4 unit multi family. I spoke to lenders who require 20%, 25%, 30%. - Aside from owner financing, what are some ways I can...

When using delayed financing, is it possible to do so using other people’s money? Looking into lending guidelines it seems like the bank may not like being in second lien position, but it also sounds like others use t...