Justin Pumpr
Paying off a partner on a seller financed deal
Hey all,
I want to acquire more proeprties and the best way to do this is with OPM. I'm wondering how you go about paying back the private lender when the property will be a buy & hold.
Example:Purchase a proper...
Josh H.
Private Money (Hard Money is for Suckers)
Good Morning BP Community,Is Hard Money really for suckers?
My wife and I have done about 30 flips over the past few years, typically with a partner of ours that has a good amount of cash which he invests, then we sp...
Ian Livaich
Legal Consequences of Using Private Money
Hello everyone,I am considering using a family member as a private lender. He would fully finance the property, including rehab costs. Most importantly, I am trying to structure the deal in a way that best protects ...
Jae Jarmon
Funding for my first investment property while being a entrepreneur
I found a multi family four unit asking price is $224,900 and I had my realtor ask them if they would take $160,000 they said yes. Awesome right... One of the units is completely gutted they started a remodel and deci...
Alex Verbitsky
Looking for advice on BRRRR for my second deal
Hi everyone! Have been reading Bigger Pockets and listening to the podcasts for over a year now and am happy to say I was able to get my first deal in January because of all the great information. Ended up with a du...
Grant Waugh
Advice on First Deal - Duplex
Hello everyone. I'm Grant from the ATL area and i have been wanting to get into REI for a few years but just got serious within the past month or two. I am at the point where I am ready to dive in. I had lunch with a ...
Neil Patel
Raising funds for a Investment Property Downpayment
I am currently 22 and I have a triplex in Elizabeth NJ that I purchased with an FHA loan. Im looking to acquire a another 3 family in Elizabeth but am encountering problems using private money to fund the down payment...
Dave P.
Seeking feedback about how to create proposal to a private lender
As I have grown in my REI journey, I have been able to join a Massachusetts based group of 55+ real estate investors of varying backgrounds. Recently I sent a thoughtful email to the group about my desire to build a l...
Samuel Chua
BRRRR strategy real estate
I understand the first 2 Rs but i can't quite get refinancing. Could someone explain to me how it works and how I can get all my money back? Thanks!
Nicholas Moran
1% down Interest only loans?
Hello my name is Nick Moran. I am a Realtor In the Las Vegas area. My wife and I just joined BP pro and started the 90 day challenge. We want to flip a house and I am interested in trying to find out how I can get an...