When doing due dil on notes, if borrower has a history of a BK, what areas of PACER should you search through to get the most info on the borrower including their wages and if they have any 401K's? Docket search? Ad...
We have primarily focused on fix/flips to build some cash reserves. We have the cash reserves we wanted to build, and now want to start maximizing profit on the individual deals by cutting holding costs, getting highe...
I am in a bit of a situation and really looking for some help. The property in question is in Florida.Here is the situation:Fix & flipper (Borrower) pitched me on 09/2017 for a property acquired for $72,000 off ma...
Hello, I am interested in raising capital to purchase multi family homes. To do this I was going to ask my family if they would be willing to loan privately at a competitive interest rate. I intend to use the private ...
Good Afternoon All...
I need some advice, as this is my first scenario where I've been approached to fund a rehab. Here are the details:
3 bed, 2 bath cape, 1500 square feet, .68 acre lot (large lot fo...
Hello Everyone, I am learning about the process to become a private lender and wondering if others who have done so are willing to share their experiences. How difficult is it to start and did you have a mentor to he...
Here's the scenario. If I have $100k to exchange. I want to buy a $200k property for $125k. It expect about $25k of repairs & other costs. I want to transfer the whole $100k "into" the property. I want to bor...
Hey investors, I have friends and family that are interested in investing their money and having me help them with research, purchase, rehab, and tenant placement. From what I've read, this sounds like a joint venture...
Has anyone acquired investors to cover their down payments on rental properties? If so, how did you work that out? What interest rate did you offer? Did you have to offer a percentage in the property?
I know ...
I want to seller finance a house in central Texas. I already have the buyer. What's the proper way to do this? Would love to hear the options with pros and cons if applicable.