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There’s a fairly new scam in private money loans that is being pushed by fake private money lenders. Any non-bank loan from a private money source is considered a private money loan, including bridge loans, hard money...
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Hello Everyone,My wife and I both work and we own 3 properties. We show rental income on our taxes, so we are a 3 income family. We are debt free except for our mortgages. Yet our biggest issue to get a new conventi...
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Hi all,Had my first conversation with a portfolio lender, and thought I'd share how the conversation went and what their products look like. I'll hit the high notes of the conversation, then afterward I have a few que...
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Hi all...This forum has been a great help for me. Though i actively don't post or participate, Im reading lot of your posts which is helping me to prepare for my first venture :)
Ok here is the question. Do you get ...
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I need the help of foreclosure experts on this wonderful forum. Basically, I need to establish if the property I bought earlier this year was in foreclosure or not. Please note that my purchase transaction was a conve...
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I have two busy STRs. I don’t currently have external cameras on the properties, but I’m considering adding them. I haven’t really had issues, but I want to be prudent. Do you have external cameras on your properties?
Hi BP,Just looking for the communities opinion on the strategy of using private money in order to buy a rental property with no money down. I am blessed to have a potential connection to a private lender who may lend ...
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Good evening, I hope you have a good day. I have a question to ask. Does the BRRRR method work for flipping only? Also, why must I rent the property out before I sell the property? Why cant it just be "get a loan from...
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What options are there for legally securing a private loan? Right now I've got a lien on one of my properties securing a private loan but I'd like to free up the title and secure it some other way, like with a bank ac...
Currently we are rehabbing homes using private money taking the profits from the rehabs and using them for a down payment on cash flowing rentals. We currently have 9 rentals and 1 primary single family homes. This pu...