Good afternoon BP community. Posting this in search of tips and advice in terms of Private Lending. I'm not looking for private lending but seeking counsel on how to protect against risk when providing PL. I am aware ...
I live overseas, but I own a rental property which I owe 240k and is worth 345k. My goal is to apply for a HELOC for a downpayment on another investment property. Is it realistic to get at least 10k from this strategy...
Hi all! Excited to join the community. In the surrounding area of Scranton PA and currently, house hacking a 4 bed/3 BR property with two other individuals. Looking to expand my real estate investments in buy and hold...
What am I using for collateral (promissory note) for borrowing from a private lender, specifically a commercial deal?
Hi,We bought mid-December a property on a private road in the Hudson Valley (NY). We were not able to visit the property until last week. On Tuesday, one of the other people living in the property told us we owe him $...
Trying to figure out how I’m going to fund my first rental property. Are private mortgage lenders a good route for first time investors?
If I know of someone that is in contract on a property but can not find financing for that property. If I where to bring them a private money lender to make their deal possible, should I ask to be compensated for conn...
I just acquired a home from a sheriff sale auction and am having trouble financing it. I had a pre-qualification letter but my current bank won't finance the property because it's under $40,000 (apparently too low fo...
Recent got a deal under contract, set to net 35-50K in profit (after reno), but doesn’t fall within the 70% ARV most hard money lenders are looking for. Where can I find some reputable private lenders to reach out to,...
Hi all,I’m looking to buy my first home and i’m running into a lot of listings being sold as-is or without COO. Will mortgage lenders give a loan for these properties or would i have to go to a private lender? If so, ...