Is it ever a good option to pull from your 401k to make a down payment?
Do you have to have good credit to get financing from a private or hard money lender?.. And if I don't have good credit can I get a loan under my LLC?
Hey everyone,I was just curious if it would be weird for me to approach an investor that I know about being a potential private money lender for their flipping business. I went to high school with him and just recentl...
Hello guys , I have another question, do hard money lenders borrow money for down payments? what are some of the way that do you guys use to get all the money that you need for the down payment?
I just got done with the process of setting up, and rolling over funds into, a solo 401k plan for both me and my wife. My original intent was to have the funds available for us to do a personal 401k loan to ourselves...
Let's assume you have a short list of potential private lenders whom you know personally, but you don't necessarily know if they are interested in private real estate lending. What are the best ways to approach them a...
For 2023, I’m thinking over a few ways to add more assets to my growing portfolio. Ran across the thought of obtaining an unsecured loan to help assist in my growth. The lenders mentioned the loan would be in my perso...
I've worked for contractors that provided services to ppl that did the fix and flip method. For years I worked, asked questions and watched them make a lot of money. I recently met a guy through a friend. He has rea...
Hey BP Family, I am curious of your thoughts on using your own cash vs. hard money loans for rehab work? Pros & Cons? Thanks, T.K. PS: I am buying SFRs w/ my own cash.
OK for those of you that only have a handful (or 1) rental and a personal residence, which would you pay off first and why?
A couple assumptions-
-You have a lower pay off amount and a higher interest rate on your a...