Stanley E.
My Money vs. Their Money
Hello all. I wanted to get your opinion as to whether it is better to get a lona to purchase a property or if it is better to pay cash if I can? What are the pros and cons?
Thanks.
Stanley
Mason V.
Ate there any restrictions on private money?
lets say you are given a private loan for (x) amount. Would there be any restrictions on how often you can use this kind of financing? Must the lender be accredited? Do they have restrictions on how often they can len...
Mohammed Mellity
partnering with a friend
I am planning on partnering with a friend of mine I used to work with. He is also into real estate and we are planing to flip houses. We are going in with the same amount of money and we both will be managing the proc...
Sean Howell
Private Money Security
Hello all! I just had a quick question about private money and how to reassure potential investors that their money is secured and we will not take their money and run off with it. A little back story. Me and my partn...
Rahnesha White
Low loan minimum bridge loans
Hello, I'm wondering if there are any lenders who offer low loan minimums to accomplish renovations only? I have a home free and clear that needs around 30k in renovations that I'm looking to get funding for in Michig...
Jarod Rotolo
Tax Ramifications of Quit Claim Deeds
The question is, how would the following scenario impact taxes when filing the tax return the following year?SCENARIOGrantor deeds homestead property worth maybe 20k to person A. After some time, person A finds that t...
Irina Badal
Home equity loan vs cash for down payment
Hi. I’m new to BP. I would like to buy my first investment home. I have built enough equity in my primary home. I have cash too. What would you advise to do to pull some equity to pay for down payment and invest cash ...
Kwame Searcy
Capital Raising Tips and Challenges
I am currently raising capital for my first deal. The deal structure is a 506(b) syndication which means that I have to have a personal relationship with the investors in order to get them into the deal as LP. In d...
Madison Heck
Best way to finance a rehab
My investment partner and I are looking to close on a property around $200,000 in value. We have enough capital for the down payment + closing costs (≈$50,000) but are trying to figure out how to best fund our rehab.W...
Michael Staiman
Investing with bad credit
I’m trying to figure out a way I can still be involved with real estate with a 1.5 year old bankruptcy on my record. I had a business fail and I signed for a lot of stuff personally so I had to file for business and p...