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I'm new at doing STR and am looking at getting 2-3 STR's in the Kissimmee/Orlando area. With Covid and all, do you think now is a good time to get this started or should I wait? I'm primarily looking at condos and tow...
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I got pre-approval for a construction loan for 8% qualifying rate (not final). What is the current going rate these days ?How much is too much ?
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With the tightening up of lending in recent years, it’s tough for some to obtain bank loans for investment properties. But, private money loans are within reach for those real estate investors who are seeking financin...
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Hello BP community,I am working on purchasing my first property by the end of 2018. I found a 6 unit package that peaked my interest in Phoenix AZ. Wanting to find a partner with some capital in exchange for me self-m...
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Hey BP,So I am looking at a property that I could house hack and grow my business in. I currently own my home and would keep it as a rental. I am a small business owner and had planned on purchasing a house next yea...
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Investment Info:
Mobile home buy & hold investment.
Purchase price: $36,000
Cash invested: $12,000
Borrowed $30,000 from private investor, 12% interest annually. Exit strategy, refi and repay pri...
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Hello BP family,
A client of mine is a rehabber and he's able to get houses in Kansas City for close to nothing. He just closed on 5 houses (After repairs, houses will sell for about $250K to $300K). I am a newer rea...
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I am curious if anyone has ever used a private lender. My game-plan would be to BRRRR the property using a hard money loan or OPM and then cash out refi. Pretty basic. I “house hacked” my first home and basically fixe...
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Does any one know the best way to get access to #private money debt/equity partners?# No I am not talking about lenders that want points or monthly interest payments. I am talking about debt/equity partners that lend ...
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Hello BP! I thought it be interesting for some of us investors (new & seasoned) share your experiences with finding and using private money for your deals. I think it would be great for investors to share their ex...