Robert Larson
Who can I borrow money from for my first lease building?
Never owned a property in my life. Never borrowed money I’m my life. Who can I borrow money from and to buy my first lease building?
Giovani Mobarak
Flipping first home with borrowed/no money of my own. Possible?
I am looking into flipping at least one home by the end of the year. The only drawback is I have no money of my own yet. Being a student in a way takes part of my time/money but, I can still find the time to do it wit...
Tim Woosley
Borrowing money. What order should I tackle each of these steps?
I plan on getting pre-approved for a loan for a multifamily rental purchase. I also want to open a line of credit in case of an emergency (since I don't have a lot of capital yet.) I also would like to refinance my ho...
William Reed
How to Use a Money Partner Without Being a Co-Borrower
BP,I am trying to finance a 4-unit deal using a money partner who will provide the down payment and closing costs for the purchase in return for 50% of the cash flow and 50% of the equity. I will secure the financing...
D Joe
Should investor be included in LLC when borrowing from Hard Money
I have an LLC and want to lend money from a Hard money lender. My family friend is providing the funds that I’ll need to show the Lender as reserves. Must I include him in the LLC? Or do I just have to give his accou...
Kiran Adimatyam
Owns a house with equity. Is borrowing money on equity good?
One of my friends want to get into real estate investing. He currently owns a house that is at a good market price say 300K and he has purchased this 3 years ago. The price of the house went up since last 3 years an...
Ryan Farran
Help understanding how much money I can borrow for a BRRRR
Lets say I find a home listed for $100k, it needs $20k of rehab, but the ARV will be $150k when I'm done. When trying to get a loan, can I get a loan for the $120k so that I have the money to do the rehab.....or woul...
Corey Dutton
Why Are Borrowers Always Shopping For a Better Hard Money Loan?
I’d like to share a story about a frustrating experience that lenders in the private money space experience all the time.
We are a private/hard money lender and we get a ton of requests from real estate investors and...
Richard Forton
Unique property I am trying to subdivide and borrow money against
Hey BP Family.I am in a unique situation and need some financial advice or tips! Little background on me. I have bought and sold everything from SFH to 10 unit buildings. At my peak a few years ago I had 34 units at o...
Sergey Tkachev
Borrow against one deal to fund another - private or hard money?
I am looking at a 4-unit Sacramento, CA that a partner and I want to buy - it needs rehab and will only sell for cash. Our plan is to purchase for cash, rehab and refinance out into a 30 year mortgage and hold it as ...