Jared Fracker
Private Money Lending? What's the norm?
Hi there I am getting ready to do a deal in Northern Kentucky/ Cincinnati OH, and I have finally figured out how to get pre-approved conventionally, I am moving out of my primary residence (and turning it into a shor...
Christopher Bell
Agents/Lender Recommendations around Baltimore
Hey everyone!Recently moved to the Baltimore area and looking for Lender and Agent recommendations that are friendly for investors. Looking for BRRRR strategy and looking to build a network in the area.Thanks in advan...
Jason Merchey
APR vs. a Minimum Return on Private Money Loan
I have just begun to look into possibly loaning money on a flip, and I am a little surprised to learn that the going rate seems to be 10-13% and that it is annualized instead of by the flip. In other words, at 10% APR...
Chris Davis
Asset based financing/ private lenders in Ohio
Hello fellow BP members! Question, I am interested in starting investing in real estate again, but need some advice. I have been viewing numerous bank owned properties in Springfield, OH under 20K most need around 10-...
Vibhor Khanna
Looking for investment loan for second investment property
Hi
I already own an investment property. I'm looking to buy another property out of state in Round Rock TX area. It is a single family home rental, but I dont have a good rate. I have ~15% down payment. my concern is...
Michael Doherty
How Does Using Private Money Work?
I recently got off the phone with a lender and he explained to me that if I was to use private money to help fund the down payment on my next deal, the funds would have to be in my account for 60 days. I was always un...
Pat Arneson
Deed of Trust and Note for Private Lender?
I have an opportunity to raise capital with a private individual at a flat interest-only rate as a way to reduce interest charges and eliminate origination and service fees. I'm looking for ways I can "protect" this p...
Adam Guy
LTR deceased from 80% to 69% day before closing
Hello, I'm not new to being a landlord but I'm new to private lenders. I recently have been working with a private lender on an off market duplex estate in a B+ area that a lawyer brought to me. It has been a long b...
Roger Tellez
Private money
Hello Fellow investors,
I'd like to ask everyone How difficult is it to find someone to help fund my first investment property using Private money? My current situaution is bad credit & no money.The only experien...
Aaron Port
Private Money for BRRRR
Trying to learn all I can on the BRRRR method. Can someone explain to me the process of using private money from investors in the BRRRR method and how I then pay them back and then still have enough money to move on t...