Arthur Royale
Recommended course of action to collect on hard money loan
Hello, I entered into a contractual relationship with an Atlanta-based company I met on these forums to loan them money to do two Atlanta flips. The deadlines came and went and they didn't pay me back my capital or pr...
Jane Watkins
Multi-Family - Keep or Sell?
Hoping to get some investment advice from this great community!
My partner and I own two properties: an older two-family fixer upper that we renovated and lived in rent free for many years, and a new single-family h...
David Tardy
Building credit from scratch... How Long/
Hey guys, so I currently have zero credit. Have yet to start building it. I am going to go on the loan with a partner later this year for my first property and want to have good enough credit to do my own deals someti...
Phillip Tomasso
Low Mortgage Financing (Under 35k)
Hey BP'ers!So this is my first "real" post...and that's because i'm working on my first deal! I'm super excited. However I hit a bump. I'm having issues finding a bank that will let me finance my deal. I have 20% to p...
Benjamin Hall
First time buyer advice needed.
Hi everyone!I'm a Brit, living in the middle east and am married to an American. We have secured financing from the middle east in order to invest in my wifes hometown in Indiana, so from the buying point of view, we ...
Kenneth Fite
Acquiring a Heloc on a property, just prior to sale.
My family and I are relocating out of state and are near the end of the process of getting a Heloc on our home specifically for cashflow to cover moving, earnest money, and setup expenses. Our realtors wanted to go ah...
Dante Ward
Big nest egg, excellent credit, low income - creative options?
Need some new digs. Rentals in my area are WAY overpriced, but SFH available for purchase aren't that bad. I'm in a weird position: lots of liquid assets (not quite enough to purchase outright but enough to make a sig...
Alex Silang
Buy and hold investor looking for another business model
Right now I have a property. Buy and hold using your own money is great, but it's slow. I really like RE and I'm trying to think of ways I can get more involved.Here are my thoughts:Property Management - I would find ...
Scott Arno
New LLC purchase power?
Hi everyone,I'm starting out in real estate and I'm going to create an LLC. I don't know a lot about entity structure yet - still in the learning phases, but would a lender finance a new LLC with no credit history for...
Emily Wilson Litzinger
Do I need a lawyer if I’m using private money?
Hi BP,I own 2 rentals (one outright, the second is mortgaged) and am looking to buy two more this year. I found 2 great deals but I’m going to use private money from a friend. Do I need a lawyer to write up the terms?...