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So looking for some veteran advice on how to vet a private money lender. This guy posted in our investors group on Facebook that he does private lending. So I figured I'd play along and emailed him. He said he does 10...
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I am new to BP and excited to learn and to help where I can! I am looking to finance a Multifamily project in Utah with 20 units with 20% down, good competitive rates and a bank that can close in less than the standa...
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Hello everyone, I´m new in this community, I will thank all your comments and advices.I`m a realtor and financial consultant located in Cancun, Mexico. We offer mortgages to our clients from USA and Canada who want to...
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I was recently approved for a $50,000 HELOC at an extraordinarily high 8% for 480 months. I'm paying off a current $27,000 HELOC at 4.75%. Is it possible that I can agree to this new HELOC and turn around and get it...
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Is there anyone out there that knows anything about private lending? Can it be treated like an open end line of credit. Are there people out there that will lend at 3 and 4 percent fixed?
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My wife and I are just getting started with our rehabbing business and I've been reading and listening to everything I can get my hands on. I've come across something I don't understand and I hope someone can help set...
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what is the criteria to obtain lines of credit? Business or pesonal lines. Can you choose to go stated income for both ways? Or is that left entirely to the lending institution? Is your personaal credit a determining ...
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Help! Bought a condo a month ago in FL ffor $50k....it currently sells for around $100k. A. Friend loaned me the $ on high interest loan which believe it or not is still being negotiated - very good friend - but it'...
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BP: Does anyone have any advice on how to structure an LLC with someone providing private money that would only like return on their money? I.e., I'm doing BRRRRs and would like to pick up another property utilizing ...
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Hello fellow BP members! I have recently been looking into purchasing a property to flip, using private money to fund the purchase of the property. I plan to buy something that is in need of a moderate rehab, doing th...