So, I get a PM from a mortgage broker in another state asking about private lending. I told him to feel free to ask any questions and he sent me enough to write a book LOL!Anyways, I want to offer my personal experien...
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...
Anyone had any success with a partnership in which person "A" buys a piece of property for potential rental and person "B" pays for renovations. Person A and B would form an agreement in which Person B would get bac...
There are a wide variety of ways of finding distressed sellers. I have tried a bit of DMM, yard signs, social media etc. I used to search the MLS for deals but the competition just bids the prices up far too high nowa...
Hello all. I'm a newbie investor looking to make my first flip. Should I start an LLC first and put the house under it?
Hello from Houston, Tx. I have reached out to a private money lender for the first time. Being the first time, I am really skeptical, I don't want to be scammed. For those who have experience or are private lenders ca...
I'm getting back into lending and I've had a recent offer for a loan as a second lien position. From what I remember, you want to be in a first lien position. I prefer that to be the situation as I'm just getting back...
Looking for advice/template for real estate investor returns on profit sharing on a vacation property. Below are hypothetical numbers. Purchase Price of home $275,0006mo projectInvestee:500-6mo homeowners ins600-6mo p...
We are currently living overseas and trying to invest in real estate back where we are from in the US while we are here. I found a house I would like to purchase, is it possible to just give someone power of attorney...
After reading a post on hear about "Do you tell your friends you invest in RE", I remember a comment someone made to me concerning RE investing a few years back.
This person found out I purchased a home as a buy and ...