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For those who have never obtained a hard money loan, there are typically a lot of questions. Here are some of the most commons questions and answers about private and hard money loans:
1. What exactly IS a hard money...
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Hi thereI came across morrisinvest.com the other day after listening to Claytons podcast. The whole idea sounds really reasonable, but I still would like to cover all my bases. Does anyone have any experience with the...
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Background: My sister lives in MA, has owned a 2 family house for many years. Our mother lived in the apartment for 17, when she moved out sister used a broker to find tenants (when they had to leave - student visa e...
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Hello to everyoneIs anyone familiar with DST? Has anyone used it in the past or currently and which sponsor been used and how has the outcome and experience been?I am in the process of selling few of my rentals and d...
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LOAN PROS, often I see on BP questions on Private money, hard money, direct money lenders, etc. Though I'm knowlegable on hard money loans, I know there are many out there that are curious and would appreciate picking...
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Hey Everyone,It seems like BP is dominated by US investors, which is great, but I'm wondering where are all of my Canadian friends? The concepts of investing in real estate are the same, but mortgage and tax laws can ...
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We had someone come to Birmingham from Miami over the weekend to check on five houses that he bought for ‘clients’. Here’s a snapshot of the situation: He’s owned these properties somewhere around a yearHe’s never se...
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My family and I live next door to section 8 tenants who are a nightmare. I have pictures of them selling drugs and smoking marijuana. I've filed reports through the police no action was fully taken. My car was broken ...
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I contacted one of my mentors after not talking for almost year while I built up some capital. Which a year ago he told me I needed to save more before I jumped into real estate. When I talked to him today he advised ...
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Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...