Ron Lillie
private money to LLC
As a new investor I could use a little background as to the process of, when a private money lender has been found and agrees to invest, let's say $100,000.00 towards real estate, what is the process of accepting t...
Josh Schaap
Where's all the OPM?
I keep hearing podcasts referencing people using OPM (other people's money) to buy real estate. In most of these cases they are referring to private money lenders. I keep hearing people say that they are plenty of peo...
Daniel Rutherford
Handling Down Payment and Closing with LLC
I am closing soon on a property that I am financing. My plan is to do a quitclaim deed after closing to get it in my LLC's name. Obviously one thing I want to be sure of from a legal standpoint is making sure I am t...
Najeh Davenport
Is It possible To Form a partnership With a person you don't know personally
Im looking to partner with someone in a multifamily deal 10 or 20 units how does that work? any thoughts?
Dan Grove
LLC and accounting starting out questions
I have been reading a lot about LLCs and am having a lawyer set one up for me as we speak but there are gaps in my knowledge of the steps to take next. I am investing out of state in pennsylvania. I think this is th...
Jackie Mesa
Hard Money Lenders - typical wait time
HiI’m still learning about Hard money loans... so my question is how fast can someone get a hard money loan? I had someone ask me if I knew of a hard Money Lender for a deal that’s closing in 11 days.
Brady Hurs
Moving Money to Pay For My First Property?
Buying my first property! So I have my business checking account (day job), a personal checking and now I have the LLC's checking. Most of the money is in the day job biz account. When I go to wire the money, what is ...
Jessa Batylin
HELOC or Hard Money Loan
Hi BP’s- new to investing but not a complete newbie. A little background:Both my husband and I have been in construction for 20+ years, both licensed GC’s, hubby is a licensed plumber. Both self employed.
Not sure wh...
Michael You
Lent money to fund a deal, now can't get a call back
Middle of last year, I lent money to fund a flip and close on a development deal. Both were meant to short term, 3-6 months until the flip sold, or until the development deal found a longer term investor. Now, after r...
Jeff D.
taking money from property A to buy property B
Hello,
I just did a cash back refi on property A. Property A is held in an LLC and has an associated biz checking account. The bank put the cash back straight into that account. Now I am needing most of that...