For investors with a business over 2 years old and who have a business line of credit or business loan, are you still providing a personal guarantee? I've talk to a bunch of local banks over the last couple of weeks ...
Hello, I'm not sure if this is the "best" forum to post my question but hopefully it is. :) Has anyone worked with a company called Groundup-Solutions? It's a Business Credit and Financing platform that has thr...
Has anyone in the BP community dealt with Norada funding? This is a sister company of Norada Real Estate. They're opening up some investment opportunities for 24 months. Rates are pretty high (12-15% with an additiona...
I just got back from day 2 of the Rich Dad seminar taught by Elite Legacy Education. Our instructor Trevor Evans showed us what they call "Double Principal" payments. This is NOT the same as paying two mortgage paymen...
Hey BP Family,Can a regular bank loan be used to buy RE in cash or is that frowned upon?Thanks,Lisa
I am putting together a friends and family deal on an multi-family property and was considering the following structure.
My LLC essentially sells a number of loans for "X" dollars to fund the renovations and down pay...
I was trying to see if there were options to resolve this, but I’m not going anywhere. I didn't know what else to do except to reach out to the BP community. Does anyone know if there’s a legal contact in Pennsylvania...
Can someone please explain owner financing and how it is generally structured? Is it also known as ''seller carry back''? I have an idea but not sure. Is this example anywhere close
5-PLEX WITH BANK LOAN AND 30% D...
Hello BP! Real Estate has always fascinated me since I was late into my high school years. I have owned a few homes only one rental but there came a time where I moved away from Memphis and honestly didn’t know what t...
This is my first year using private money to fund my flips. Do I need to send my private money lender a 1099? Do they send one to me? Thanks for the help!