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Looking to work with a private lender for the first time in an acquisition that will be my largest to date. Property is in Washington County.
Any recommendations? thank you so much.
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Hi, Hope all doing well, Just wondering,if you do private lending, what points you charge and what rate you charge on short and long term landings.for example 3 months or 1 year loan.Do you do first lien only or do 2n...
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Hi everyone, my name is Lamont. I'm a newbie. I response to a random email from a private lender with a Gmail account. After he reached out I response and asked with the next steps were. Here's his response to that. I...
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Hey BP!I'm looking at scaling this year and my goal is to buy 6 more units (3 duplexes or equivalent).I'd love to use the brrrr method to get these so I can minimize the cash I have tied up in the properties. That bei...
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Searching for creative financing to buy a short term in Florida. I don’t want to use conventional bank so it doesn’t mess with my DTI on my current home under construction (per my LO). I have under 10%. DTI currently,...
I'm 17 days from closing on my first deal. I locked in a 30-year fixed at 6.5% with a local credit union (included points). A family member has since asked if I'd be interested in financing $100k of the deal with them...
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When investing in a private real estate offering, one signs a subscription agreement. This document was countersigned by the investment opportunity provider (the LLC) and did get a receipt of funds provided. What ar...
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I am new to real estate. I am almost done my first JV. So far so good. I have a bid accepted from a bank REO for a home to be rehabbed and flipped. I was planning to use hard money for that deal. There is a private mo...
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I have a house under contract in Beggs, OK. It's a rural property on 5 acres of land. I have had two realtors take a look. Both felt comfortable selling in after rehab for $120-125k. I was going to wholesale this prop...
I'm 21 years old, and I know my college housing area really well. I am looking to start flipping houses in that geographic location before I start my masters program in March. I understand I have minimal capital at my...