Jordan Kalk
Personal or Business Loans for Newbie?
I am currently in the process of starting my real estate journey, in efforts to become financially free. I am starting out by obtaining a base knowledge in real estate (books, webinars, podcasts), getting a feel for t...
Deke Belden
Personal Loan a good method?
Hi, just over two months ago I closed on my first deal. Two bed two bath condo in downtown KC MO. I was able to buy at a small discount and quickly get it rented with a property manager and am cash flowing $170 a mo...
John Worley
What is a Rehab Loan?
Oftentimes a subject of some debate is the reality of what is a renovation or “rehab” loan. Simply put, a rehab loan is a specialty loan program that allows the borrower to purchase a run-down home and to finance an a...
David Pimenov
Cashing out in dubai
If a u.s. citizen lived and worked in dubai for only one year and then cashed out like 1.4 or 1.6 billion usd even if such money was clean and legitimate, would this amount arouse suspicion once back in the u.s.? Up ...
Greg Zimdahl
Hard money - SEC General Solicitations
It seems to be apparent that it is ok to request money from a hard money lender. I don't want to make assumptions however. If it is ok to request money from a hard money lender, why? Why is this not considered a gener...
Ryan Green
How to get the Private Money thing going. (Investor Packet?)
I am at the point where i am ready to start asking people for private money and use the BRRR method of building a successful real estate portfolio. I've worked as a bartender for the past 6 years at a high end restaur...
Tracey Hamilton
TItle in personal name but expenses paid by LLC
When doing our first flip project, we purchased the home in our personal names. We used money from our LLC account for the purchase, but IIRC the actual cashier's check to title company was in our personal names. We ...
Wade Hunt
LLC vs. Personal finance
Good afternoon BP family! I am running into a hurdle early on in my first BRRRR, I’m hoping someone has an answer for this. My wife and I have saved up quite a chunk of change to start out, but not enough to buy and r...
John Jacobson
Impact of personal loan on mortgage application, if I already have down payment funds
Hi everyone. I am looking to buy a $500k property, and I have over $100k in savings (i.e. the 20% down payment). Will taking out a personal loan (to pay for some renovation work that I need completed shortly after I c...
Cody L.
Cracking down on wholesalign in Texas - Abbott signs SB 2212
Thoughts?Sale of Equitable Interests in Real Estate Clarified Governor Abbott Has Signed SB 2212SB 2212 amends Chapter 1101 to codify the clarifying changes to TREC rules regarding sale of certain equitable interests ...