has anybody ever used a hard money lender to secure downpayment for an investment property. Also, can someone explain to me how hard money lending works Thank you
Can someone help me with writing an investment proposal? I want to propose 3 options for investors. At this time, this is all family members that I am approaching.
1. second lien holder on my primary reside...
I am working with a few friends to start purchasing properties to fix & flip. I am wondering how others go about creating the contractual agreement for a partnership on fix & flip deals. Do you create a partne...
Hey BP,I am part of a 3 member LLC that is currently under contract on a duplex we plan to buy and hold as a non owner occupied rental property. This is our first property and as we start looking at the financing opti...
I'm curious if someone wants to get started with little money and they find a home cheap that needs alot of work. How would they fund the rehab if they are already using a hard money lender to fund the purchase? I've ...
I have a question regarding real estate investment, which my lady and I are getting into and seek advice. We are trying to get benefits from First a Time Buyers programs to buy a multifamily building for under $300k. ...
Hi,I've been doing my reading on hard money for fix and flip investing and have 2 questions.1. How do you show proof of funds when using a hard money loan2. What name is the contract written in? thanks
Hello,
I have a deal for a 6 unit apartment with great cashflow. Just wanted to ask more experienced investors that if the bank will loan 75%~80% do they allow the seller carry back the remaining balance? Should I s...
Hi everyone,
I have an opportunity to purchase an investment condo in NH and am able to get financing from the bank up to 80% at a decent rate. Problem is a shortage of cash on my part for the downpayment. The sel...
Good evening. First, thanks to everyone who gets involved on Biggerpockets. I have sent many, many hours on BP learning a ton from the experience of others.
I have found a property that will have more than ad...