Hi all. I'm a newbie and this is actually my first post. Very happy to have found this site and I anticipate learning and contributing a lot. Meantime, I thought I'd see what kind of response I'd get on a current s...
I want to make sure that I have a list of private money lenders ready that would be willing to loan on a property once I find that one qualifies. The property alone would qualify as my credit is not that good right no...
Hey BP,We do a lot of flips and BRRRRs in Jacksonville FL and San Diego CA. We have a pretty good system right now where we fund with a
combination of Hard Money and Private Money.Hard Money will fund
90% of the pur...
Hello,
I am new to the REI world, and am learning so much. The more I learn, the more I realize how much I don't know. I'm a stay-at-home mom with little savings. I've read that having a mentor is important, but hone...
I spoke with some HML about using funds from another private lender (or partner) to serve as the downpayment on the loan. Some places offer 100% loan to cost, others require 10-15%. They suggested I could use a back r...
My situation may be unique, but I would love people's opinion and insight. I created an LLC with 2 other partners last year and we successfully completed our first BRRR (technically close hopefully in a week) and will...
Hey everyone, I'm in the refinance step of my first BRRRR and am thinking about how I can fund my next deal. I had to put about 25k of my own money into this first deal between the down payment, agent commission, insp...
Nothing, in my opinion. They are largely the same, equally give short-term loans to real estate investors at higher interest rates than banks and other institutional lenders.
There are several opinions concerning th...
Nothing, in my opinion. They are largely the same, equally give short-term loans to real estate investors at higher interest rates than banks and other institutional lenders.
There are several opinions concerning the...