Rodney Turner
Collateralizing Real Estate in Lieu of Down Payment?
Hello All,I own five investment properties, all long-term rentals, and they all have mortgages on them, most of them with balances of less than 40% LTV. I recently spoke to a financial advisor who also is a real estat...
Clarissa McPeck
Can I borrow from friends and then lend at higher rates?
I've been lending to rehabbers at 12-15% and now have friends asking to place some of their money at 7-9%. I'm thinking I can borrow from them to lend out and make the spread. My question is, how do I give my friend s...
Brian Allen
Single Close Construction Loans
Hey Everyone,I have a lot in Los Angeles that is owned free and clear as well as full architectural documents and permits to knock down the existing house and rebuild a new single-family home. Im looking at several wa...
Marcello Spagnuolo
Niches for private lending
Hi everyoneI am very new to real estate investing and I have a question about raising private money and how agreements are structured. From what ive learned, private lenders are looking for the quick return typically ...
Brandon Sturgill
Underwriting Every Three Months...
I am currently using a portfolio lender (Union Savings Bank) to blanket investment properties for rehab and resale. I have decent W2 income and am beginning my transition toward full-time investing. My current strateg...
Stephen Frick
Private Money agreements
Quick question on the subject of private money.
What are the typical terms in years, rate, amo schedule? Need help to know what I'm up against when trying to raise capital for a deal.
Alissa S.
San DIego Investments
I am interested in transitioning into the so cal market. I wanted to network with other investors about the market in that area! Any pointers, locations to avoid, what strategies are working in that market etc... I am...
Jennifer Schelkopf
What formulas do appraisers in Arkansas use?
I'm reading David Greene's BRRRR book, and he notes:
First off, it’s important to recognize that appraisers in different areas use different formulas to determine the values of single-family homes. They are all stil...
Jason Na
If I can't househack, what would be my next best option as a first time investor?
My family of 3 have recently moved to Atlanta area from SC. I started looking for my first property investment and can't believe the amount of information I'm getting in here!I purchased a SFH for our own family here ...
Josh H.
Private Money (Hard Money is for Suckers)
Good Morning BP Community,Is Hard Money really for suckers?
My wife and I have done about 30 flips over the past few years, typically with a partner of ours that has a good amount of cash which he invests, then we sp...