Michael Gustavo
Creative Ways for Contacting the Owner of an Abandoned Home
BP, I need your help. Long story short there is an abandoned home that I have found that I would like to purchase to fix and flip. This is what I have done so far:- Went to the county and found the owners- Found that ...
Mark Gaskins
Hard Money Lending: Do’s & Don’ts
Going through a traditional mortgage or conventional loan is pretty straight forward. But, private or hard money just sounds like Lucky Luciano will be knocking on my door asking for double the interest....Does the ol...
Gawie Venter
Private lending dvd advice
I am looking to buy the David Lindahl -Private money : creative financing. It costs $995 for the dvd and audio program and I am curious if anyone has bought it and if you have found this to be worth the money. Any oth...
Michael Nevarez
Came across private lender,is it a scam?
Me and my dad came across a private lender that offered his services on the app “meet up” app. I contacted him and he seemed legit,he asked for me to submit a loan application with name,address,where I work,my anual i...
Justin Kroepfl
Deal or loan first??
Hey all I am looking at jumping into my first property here soon but I am not sure where to start. I have found a couple of properties I am interested in purchasing rehabbing a little and renting out. I have used the ...
Andrew Angell
Is interest from private lending considered passive income?
I'm in a syndication that pays monthly distributions but will provide a K1 with paper losses due to depreciation.I am looking to do some private lending where I would be receiving a 1099-INT from the borrower on inter...
Steven Horvath
How to Use 1st property equity to fund 2nd deal
Hey guys. i have 1 rental property that has 25% equity, about 25k realistically. I know i cant do a cashout refi, however is there a way i can utilize this to fund a 2nd property? how would i be able to use it with a ...
Chantell Austen
Refinancing Hurdles - Am I missing something?
Looking for advice on how to get around my mortgage broker who flat out just said no to my refinancing enquiry. I have 2 pieces of personal property. Primary residence and land owned outright (future forever home). ...
Ricky Brown
How to protect myself
Hey BP,I am doing deal analysis on properties I have found in my area. I picked out some vacant properties and I'm analyzing the deals to see what would be the best exit strategy and how to finance them. I have access...
Rickey Wiley
Hard vs. Private Money Lending
Hello BP!Can someone explain the difference between Hard Money and Private Money Lending when it comes to creative financing? Also, which one is more beneficial for wholesaling and buy n flip?