Bryan Watson
Do I find funding or the deal first?
Hello all,I am new to real estate but I found three properties on the MLS over the weekend that I believe would be great for rehabbing; however, I have never done a rehab before. I am not sure what to do next. Should...
Kellen Driscoll
Partnership advice on multifamily deal
Hey BP,
I am currently looking to partner on a small multifamily deal with a friend. Basically my friend will put up the money for the down payment and I will handle everything else. My question is how should I handl...
Vishal Amin
Private Lender wants to invest with all cash
Hi BP Community,
My private/hard money lender want's to invest with all hard cash. I wanted to know if anyone has dealt with this before. How would the process work? Sending the money to the title company? Can I conv...
Cal Rohrman
Help with Structuring HML
Hey guys,Someone reached out to me today in regards to receiving a HML of $200,000 for 5 years at 15% annual interests. I personally don't have the money to lend him but I have the resources to syndicate and raise tha...
LIpeng Wu
how to use personal loan in house purchase
Thanks to bigger pocket, I got a personal loan from bigger pocket network. However, I am not sure how to handle personal loan in house purchase. 1.Should I ask for a preapproval letter and attach the letter to my con...
Austin Williams
Building Credit with LLC
Hello,I wanted to know if I have a below poor credit score would it be beneficial to first try to fix my credit or create an LLC and build my business credit to start investing in real estate and worry about my person...
Warren Sterling
Lending Options: Conventional or Commercial
First of all....Thank you for your answers and your experience!
I am using an investor and he has offered to go to any financial institution and get a loan and/or line of credit to help me grow our money.
...
Alex Hileman
New Investor Looking for Lending Advice
Hi Everyone,I am doing some research and planning on buying a rental property next year (I am currently saving for my wedding). My husband and I have a house with no mortgage and great credit, but no cash to invest ri...
Andrew Pandolfino
Family loan to LLC for all cash rental purchase and refinancing
Hello BP community, I have a bit of a tricky situation and am hoping to get some advice on how to best proceed with my first real estate transaction. I have recently put an offer on a multifamily property that I had ...
Account Closed
What's better 30k from 1 partner or 30k from 3 partners ?
What's better 30k from 1 partner or 30k from 3 partners (with each partner giving me 10k). Which one is riskier?