Breanna Taurino
Hard Money lenders
Hi, I'm new to the real estate flipping scene, and I was wondering if maybe somebody would be able to answer a couple of questions for me?1. When doing a flip using a hard money lender, are there any lenders that do n...
Matt Campbell
Ensuring Proper Analysis of Property w/ Private Lending & Loan
Hello, BP crowd! I have a private lending partner who is willing to contribute up to a few hundred K, initially. Once I show him proof of concept, then potentially much more. The play is to buy and hold....He will not...
Maxwell Silva
Best finance option for personal home renovation
Hi. I’ve been wanting to do some renovations since I bought my home 3 years ago, but put it off. Now I’m a little hesitant due to higher interest rates. Would a HELOC be the best best option here or is there some s...
Al Morello
2nd Position Deal advice
Hi, I've done a few hard money loans in first position. First, though a company then on my own. I was recently approached for a 2nd position deal, which I've never done before, but the terms sound so horrible to me th...
Melinda Turner
Charlie Dombek CPA - self directed IRA
Can a self directed IRA enter into a loan agreement where the owner of the IRA is a guarantor
Michael Blakeney
Personally guaranteeing a mortgage and buying a new house
We are looking to buy a new house to live in. Preapproved and ready to go. We also have an LLC with a rental and just took a fix and flip loan and applied for a 30 year loan. Would personally guaranteeing the LLC loan...
Rob Smith
Has anybody ever heard of this lending strategy
I don't know all the details but here's the just of what a friend of mine is telling me. I give his company a few thousand dollars a month after 4 to 6 months, he then takes that money and uses it to get a line o...
Lori Lusk
Fair Market Terms for Private Financing from Friends/Family
Hello BP!My husband and I are working on preparing a promissory note form so that we can offer the opportunity for our friends and family to invest in our real estate business. I would love some examples of fair marke...
Patrick Flanagan
Strategies for scaling when you're lacking capital at the moment!
Hey All,
I purchased my first rental property year. It's a SFR in Cleveland that cashflows $250 /month.
While I'm definitely stoked with my first purchase, I feel as if I may have to wait years in order to save up ...
Jonathan Wilson
Renovated mobile home on 11 acres in Marengo, IN.
Investment Info:
Mobile home buy & hold investment in Marengo.
Purchase price: $37,000
Cash invested: $20,000
This property was my family's primary residence for 1.5 years. We just relocated 3 m...