Approaching my friend to lend money on a deal. Couple weeks ago I started listening to BP money podcast. Very first podcast I listened to Mr money mustache. I liked his message and started reading his blog. Within 2 ...
Hello Everyone!This is my first post on BP and I am hoping to get a question answered or perhaps some advice on a potential scenario. My backstory to this scenario, being that I have some capital for a down payment on...
Hello everyone! I am helping a friend find some lending for his cabin project. We’re located in Charlotte, NC. He’s an awesome contractor and has done a few remodels. Anyone interested in lending or able to provide s...
So, I have a new interesting issue that came up at one of my properties overnight. Our city contracts with a private company to pick up garbage. The city charges a fee in the property taxes for this service. That comp...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
"The Palms," a ten (10) unit apartment community located in the desirable rental community of northern Chula Vista, CA. Built-in 1965...
Investment Info:
Single-family residence note investment investment.
Purchase price: $78,000
I bought a single-family home for $78,000 and secured a private money loan to cover the full amount over 30 ye...
Hi experts,I would like to ask for the best strategy and hopefully also some pointers on finding private investors (referral would be greatly appreciated too).I just won an online bid about $600k. The property has to ...
I can no longer get bank loans since I am now a full time investor. I am toying with the idea of using credit cards to fund the purchase of some solid cash flow properties. I have one credit card that is at 6.9% Fix...
Hi I've been approved for a few private loans is it normal to have to pay upfront costs to attain the loan? Thanks for your response
Hello, and thank you for taking the time to read this and for your helpful answers. I’ll get right to the questions.So, I hear that hard money lenders let you borrow up to 70% of what you need to buy and rehab a prope...