Ray Agosto
Getting a private lender
Hello BiggerPockets i ran into a serious question. I'm looking into buying a house within the next 8 months and i was wondering how i could either buy a foreclosed house or typical mortgage Foreclosed : Today i went t...
Pra Che
What’s reasonable private lending
I have talked to a few private lenders and they are all over the board for terms and conditions. I would like to get a sense of what the reasonable terms I should be looking out for.
Just for hypothetical reason,
Pu...
Angel Morales
California Private Investor strategies
Hello everyone,So for the past few months we've (business partner and me) been busy setting up everything to start flipping in the next few months. We already have a real estate agent, general contractor, project mana...
James Johnson
Private Lending Ownership Structuring
Hi all,My business partner and I have friends which want to invest with us. We have an idea on how we would structure the ownership on a BRRRR (our idea of the structuring below), but were hoping for advise on how ot...
Alex Shaughnessy
private money for flipping
Hello BP. I am newer and had a question about obtaining private funding for flips. I know most people are getting 7-10% for private money but if a flip is only taking one month how is it paid out?for example100k at 7%...
Mary T.
Private lending vs Conventional
Would like to use someone else's cash to fund rehab. We've worked on several houses and got them rented right away. We got conventional loans for those properties and one cash. We now want to flip. We have hard workin...
Jovan Dinnall
Moderate Risk Private Lending
Do most private money lending company's help you mitigate your risk, by analyzing your deals on their end as well?
Pandu Chimata
Disposing a private loan
Hello BP Community,We have a rehabbed property on sale and the buyer has money to put down 10 to 15% as a down payment but he does not has a very great credit score. So banks denied him the loan.We are willing to be a...
Mark Schmidt
Using a private lender
Hello! I am still new to this whole process and still in the research section on this journey. I am a little confused on how to go about using a private lender and how does one make money using a private lender? Any...
Amy Butcher
Private loan to partner
I loaned $40,000 to my partner for the rehab of a flip. (Actually, he's my life partner of 25 years) It is now three months after he bought it and is about to be listed for sale. Now I'm thinking I should have written...