Dan Barman
Hard Money VS Private Lending, + Owner Financing
Hi BP world! A bit of a newbie here trying to educate myself on financing options, mostly to be able to make cash offers on fixer-uppers to rent and refi (BRRRR). Have got a couple questions I'm hoping you can help me...
Teddy Sherrod
Private lender's scam
Had some guy send me a reply from one of my post about looking for private money ,said he was with some Alaskan group with a pool of private money investors. Long story short he wanted me to wire him $5,500 and then h...
Shane Quin
Private Investor for Flipping business
I am looking to scale my house flipping business. I have someone who I want to pitch to be a private investor and fund a flip from start to finish.Wondering if anyone has experience doing this and would like to offer...
Adam Fleming
Private lender pay back
So I listened to a webinar With Brandon I believe. And he pointed something out. So lets say that I found a property but cant buy it because I already own a property. But I find a private money lender to back me. ...
Sherri D.
Payment Protection Insurance (PPI)
Have any of you that has borrowed money from a private investor ever heard of them requiring you to pay for a PPI insurance plan because of money laundering statues? Or in general?
David Dorleans
Cash-Out Refinance Transactions - Delayed Financing Exception
Trying to understand this fannie rule (https://www.fanniemae.com/content/guide/selling/b2...) If I use a hard or private lender, can I perform delayed financing? Or is that only available when I pay in cash.Thanks.
Sriram Kumar Bikkina
Pros and Cons of Using Private Lender Money vs Banks for Financin
Hello Everyone,For my next deal that is closing soon, the bank did not offer me what I was promised or looking for but a private lender offered me exactly what I am looking for but I never dealt with private investors...
Steven Denio
hunting for a IO loan at 65% LTV at a decent rate.
Hey there, just curious if anyone is seeing any decent private money rates for investments properties. I have a place I'm looking to refi out at 65% and hoping to find a IO in and around 5% if possible.
Adam Soyak
CASH PURCHASE BUT NEED TO REFINANCE IMMEDIATELY
Hello everyone,I have a cash purchase for 100k that will close next month. 30k of the cash is coming from a family member that wants their money back as soon as possible. I am looking to get a mortgage on the proper...
Edmund Isas
Lenders PLEASE HELP!! Options for holding a flip!
Ok ill start by giving a little background about myself. Over the last 2 years I have acquired 3 multifamily units totaling 7 rental units. On the first unit my business partner and I paid mostly with our own cash. Th...