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California now requires that employers with 5 or more employees have a retirement plan for them. Either use the free CalSavers state plan, or use a private company. We'd like to consider paid plans, because the progra...
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To end the confusion once and for all we need to put a cold hard stop to using the terms of hard money and hard money lenders. Private Money can be lent by individuals and institutions. The hard money industry was the...
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I have a new rental. The property has 2.5 bathrooms. The owner converted both bathrooms to have stand up showers. I thought because of the ADA, rentals had to have at least one tub. Is this correct? If it is, whe...
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Does anyone know someone that lends private money in Texas that would be interested in a 50% LTV deal. It is a couple that is moving money through a 1031 from California to Austin but they are business owners and have...
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What are the Pro & Cons with dealing with hard money lenders ?
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Question --> I've heard conflicting things regarding the use of the term "hard money". Just curious... do you use this term, or prefer something else? If the latter, what do you use?
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Hey guys! Quick question, when you use a private lender for flips how do you usually pay them back? A percentage on their money or a percentage of the profit?Thanks in advance,Christian Walker
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Hi!
I’m Derrick. I’m wanting to start flipping houses.
My plan is to purchase an LLC in order to get a loan from the bank to start. I know I don’t have to go this route but I don’t know any private investors to l...
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How Can Private Lenders Ensure Flexibility While Protecting Their Interests?
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What options are there for legally securing a private loan? Right now I've got a lien on one of my properties securing a private loan but I'd like to free up the title and secure it some other way, like with a bank ac...