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Hello allI'm working on a checklist for approvals for FHA loans and Private Money Loans. I think I have researched enough on FHA. What would you say are things I need to make sure of for successfully obtaining private...
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I have been searching all over for a private lender for a rehab in Louisiana.Why is it so hard to find one. Most of them do not lend in LA or want money upfront.Is there anyone willing to assist or point me in the rig...
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I need some advice... I would like to buy and hold rentals. I have enough cash to buy the home and fix it up with some cash to spare. I was wanting to refi once I get a renter in and repeat the process but I have ju...
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so after reading the wholesaling chapter "the book on investing in real estate with no and low money down" i like the assignment route, mostly because of the simplicity.it did mention that it would be a good idea to k...
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I am working out a deal with a private lender. Initially she was going to fund my flips using IRA funds and we would split profits 50/50. Now she would like to borrow funds secured from her brokerage account @ 4.75%. ...
I have contacted a few big name private lenders but wanted to know if anyone else knew of companies working in the chicagoland and Northwest Indiana markets that lend to LLC's? Thank you!
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Hello B P. Ill get right to it. Have a few private investors who have signed up for a whole year with my company. Ive been cutting them an interest check every 3 months (1 per quarter). When the private investor g...
Hi all. Hey, I have a house I purchased on Land contract as a quick 2 month flip. Flip is over and now I want to rent this instead of taking a profit now. Contract was for only 4 months.Friend of mine is stepping in ...
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I'm confused on how you would pay private lender. If I were to do flip would I pay them after closing or would I pay them monthly. What would be good % to offer?or would doing a split be better.
I like to take chances on the occasional deal that makes financial sense, but perhaps the flipper hasn't quite the longevity. The numbers aren't a complete picture, but to date this plan has worked out.