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Hi Everyone,I have a question when it comes to private money lending and repayment in particular. If I want to borrower private money from someone how do I pay that back on a long term buy and hold scenario? I am su...
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My wife and I closed on a gorgeous rural property in the East Hudson River Valley area of Upstate NY in May.We are settling in and ready to take on the renovation process.We took months to find a property that would d...
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Bet that got your attention! Don't get me wrong I am a huge believer in using private money but I would recommend that newbies not use it!WHY?! You may ask! Private money is great and will take you far but if you are...
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Hello, I currently have 3 questions to ask. When starting out as a new real estate investor do you absolutely need reserves? I was talking with a local investor and he was explaining how I need about 20k in reserves o...
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Hello everyone! I hope you all are doing well!Full disclosure, I am completely new to Real Estate Investing and when I say "completely new", I mean asking the most basic questions that may seem like a no-brainer for m...
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I’m trying to understand how to structure my first deal to pay for a rehab (1st attempt at BRRR) after I secure a property. I’m planning on using private money to fund the rehab and then pay the lender back with the p...
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I have a private lender who is willing to "lend" me X amount of money to build my real estate portfolio, at a cost to me of 20% of course. He would deposit a check for the purchase price AND the rehab costs up front i...
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Hello my name is Jarrod Payne Im looking to network and connect with real estate agents, wholesalers, and private money lenders. Im looking to expand my short term and mid term rental portfolio i may be interested in ...
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Hi BP, I am a Real Estate Investor in St. Louis, MO.How do I "legally" attract Private Lenders and raise private money outside of friends and family for single family Fix n Flips and commercial multifamily BRRRs?I spe...
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Hey BPer’s So I’m curious what a private lender deal looks like from the lenders end? If I was to lend 50k to an investor that’s buying distressed properties and flipping them and cherry picking the best deals for his...