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Hi all, I'm being told that if I am going to take on private money that it's best to have it in my account three months before starting the prequalification process to avoid the "no gift money for an investment ...
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I'm talking to private lenders but I can't seem to find info on some of them. BBB.org, reviews, etc. Are private and hard money lenders required to have a license? E.g., NMLS
How do you guys vet a lender to make s...
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Hi everyone,
I’m new to this. I’m helping my father expand his RE portfolio. He’s obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...
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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...
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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...
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Hi, has any one used a site called Private Money Goldmine? Looks like there is a list of folks who want to lend money but it cost to get access so just wondering if anyone has used it, heard of it and if so, what was ...
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Private money lending is a great way for real estate investors to access fast, flexible funding. Unlike traditional bank loans, private lenders offer quicker approval, fewer requirements, and the ability to customize ...
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This is a concept that confuses me, so I'll ask the community.
Obviously- if you have private money on your side, that'll add rocket fuel to your buisness. Here's my question, how does return on investment work for...
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Hello,I am checking out some good deals that I think would be a good start for buy and hold investment property. However I have talked with family and friends and they don't have investment funds. I would like to sear...
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Hi there, I'm just getting started in the Milwaukee market. My partners and I have 1 cashflowing duplex, but are now essentially out of capital so we are looking to do a BRRRR with a hard money loan. We are struggli...