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Hi y'all wanted to know that liability when using hard money. Is the loan underwritten purely against the property or do I also have liability of my personal assets if it doesn't work out. Am I protected if my other p...
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Hi
I currently have 3 single-family homes that I have had for a few years now before the market went crazy in our area. I got the places at good deals and they would be worth quite a bit more.
I was just wondering i...
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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...
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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...
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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...
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New to real estate.... in your opinion why would a person wholesale and not make more money if they can flip it? I've heard of investment companies that flip and wholesale but why when they can make more money on the...
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I'm just gonna leave this here...
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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.
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I have recently invested in 2 BRRRR deals where I used my personal saved capital on. My question is: How can I keep the ball rolling for more properties in terms of financing for them? I do have reserves saved for the...
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From FaceBook I was approached by a Private Lender to fund my first Flip/Investment. He has forwarded his website and phone # and says he’s the CEO. Before “applying” and sending him my personal and financial infor...