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Hi BP,
I am meeting with 2 private lenders next week to fund my first deal! It will be used for a rental property investment. I intend to use $60,000 for the down payment with a conventional investment loan, and $15...
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I have a question about private lending? Say I come across a property for 150,000. I only have enough money for 10% down, $15,000. At the same time, I have a good friend who could loan me other 10% for the down. Doing...
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I recently got an email from a private money lender saying he can give me a loan for rental at 3% fixed with 0.8% fees. It looks too good to be true and I smell a scam. How do I know if it legit or not?
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I have been looking for lenders to fund deals in my local area and have not been successful. I did find some other lenders in the KC area but they are only willing to fund local deals. Are there lenders who fund dea...
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Was just wondering how you get a mortgage after you have rehabbed a property on a private loan. Thanks!
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I am still just starting out . I am a new investor trying to get my first deal. How do you get pass the nerves and the scaredy-cat of yourself of asking people to borrow private money? It’s kinda hard for me to do so...
Hello I’m finding it extremely hard to find real cash investors with so many scammers claiming to be private investors. Anyone else experiencing this?
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My partner and I are moving beyond qualifying for conventional financing due to our DTI ratio being too high. We may be able to finance one or two more properties but need to get an education on alternative funding ...
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How much in interest is the going rate for private money on a flip ?
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Hello collective brain, I have recently had a number of private money lenders reach out to me. This would be the first private money lender I have that is not an actual investment entity. What shoul...