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Results (10000)
Brooks Gagnon Cash vs. Loan, Opinions?
3 May 2023 | 17 replies

Looking for some thoughts on buying a flip using your own cash, versus getting a hard money loan. What do you think are the advantages/disadvantages of both, and which would you likely prefer to use. Personally, I hav...

Adam Bearup Where to invest cap ex reserves?
15 July 2024 | 8 replies

Hello BP community,

I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.

Does it go straight to the bank? Invested in CD's or a ...

Glenn D. Finding Private Money vs. Hard Money Lenders In North Dakota
29 July 2024 | 19 replies

BP family, I am a new investor in the Grand Forks North Dakota area and am wondering what type of rates to expect and or offer when looking to gain Private money.  Additionally, what are your experiences with finding ...

Account Closed Thoughts on Paying To Join A Mastermind/Community
18 November 2023 | 14 replies

This has been weighing heavy on my mind — the thought of paying to join a mastermind/community.
What has been your experience? Has it helped you scale? Was it a waste of your money and time? Is it worth it?
I’m thin...

Lisa Sluss Cash-out equity loan for house paid-in-full
25 December 2022 | 15 replies

I have a fixer-upper that I own outright.  I’m 80% finished on the rehab.  I need cash to carry me to the finish line.  A cash-out equity loan of $75000 with no pre-payment penalty would be perfect.  A hard money lend...

Nate Marshall It's time to move on past the antiquated HARD MONEY and HARD MONEY LENDER terminology
12 February 2023 | 16 replies

To end the confusion once and for all we need to put a cold hard stop to using the terms of hard money and hard money lenders. Private Money can be lent by individuals and institutions. The hard money industry was the...

Lara Taylor Private money question
4 February 2019 | 6 replies

Hi BP members,I have been talking with a private investor about investing in my next project. He is wanting me to pay the attorney fees for the contact and documents.  I do not have a problem with that at all and I am...

Jenat Higa Has anyone done business with this private lender?
15 July 2024 | 8 replies

Hello everyone, I am new to Bigger Pockets, so I hope that I am posting in the correct category. I am curious to know if anyone has ever done business with a private lender named Dave Laca. He had contacted me regardi...

Patrick Hayes Things to know before partnering with someone in private money lending?
28 July 2023 | 15 replies

I was approached by someone about partnering with them in hard money loans and I love the idea but what are some things I need to look out for and how do I protect my investment?

Jack B. How to calculate interest deduction after cash out refi?
16 November 2020 | 5 replies

Cash out refinanced 4 rentals. Goal is to buy more rentals with the money, but I'm not finding any deals yet. How can I calculate the interest amount I'm allowed to deduct on the new loans for the rentals? Are they fu...