Ben C.
Personal Loan to LLC Question
How can I lend money to my LLC without piercing the corporate veil? If I’m transferring money from personal account to LLC online should I just make sure to write “Loan 123 Main Street Project” in memo and after flip ...
Candy Elk
Charge interest or fees when initial closing significantly delayed
As a private lender I’m Looking for advice for when an initial loan closing is delayed either a week or so or even prolonged. In one instance (happens to be our most regular borrower) the loan was delayed about 2 mont...
Brandon James
Creative financing for flips?
I read somewhere that people can put together elaborate real estate deals with investors or regular people with money to spend in order to purchase the property and finance the renovation. But the catch is the money t...
Lafi S.
Getting money to the homeowners after SS
I came across this agreement that basically states you, the buyer, agrees to purchase from the seller their personal property. I thought that this might be a good way for homeowners to make some money from investors w...
Jaren Woeppel
401k/Private Lender
Hey Everyone,I have a project in mind and have a family member looking into giving me a loan. He would like to give me a loan from his 401k, but I don't really know how to go about setting it up. Any experience in thi...
Ryan Bandaccari
Buy out equity position of SDIRA via refi?
Hi all,I have a unique question on SDIRAs that I haven't yet found an answer to. Hypothetically, let's say that I make an all-cash offer on a property using 50% SDIRA funds and 50% cash. I do some work on the property...
Valerie Turner
Names of Private Lenders
Can anyone provide names of reputable private lenders for fix and flips?
Jenny Gremillion
Pay off Personal Mortgage or Rentals?
My husband and I own 4 single family rentals. We have a personal home with a mortgage on it that we've paid down substantially over the years. We use a HELOC on our personal home to buy rentals with cash. We have so...
Bismarck Chiang
Selling my distressed home what should I do with my equity?
Hello, my name is Bismarck, I currently live in a distressed home in CA. I have $105,000 in equity. I was recently approached by a buyer willing to buy us out in cash. I also want to buy a new cheaper/smaller home for...
Tony Cruz
What is your opinion on this financing strategy?
Assuming it is possible to do this, for the purpose of financing a BRRR deal, is it a good idea to get a bridge (personal) loan to cover a hard money loan fee to purchase a property (if upfront payment is necessary) +...