Daniel Hart
I can't get bank loans, but I can get credit cards for a purchase... Should I?
I can no longer get bank loans since I am now a full time investor. I am toying with the idea of using credit cards to fund the purchase of some solid cash flow properties. I have one credit card that is at 6.9% Fix...
Jimmy S.
tenant moved out early but in army?
coupled moved in signed 1 year lease. 3 months into lease they split up and now he can't afford it by himself. Now hes trying and just got deployed in the army. Do I have to give them back their "last month rent" and ...
Lawrence Gillett
How do you value a cash flow negative business?
Looking a buying a non-performing business of an art workshop franchise. Being a franchise, can't share any of the numbers (signed an NDA).
Labor costs are way too high, and the owner is barely involved. There's alw...
Heather Pelletier
Money back from a guru?
Just curious if anybody has had any luck getting their money back from a guru? I signed up for Rich Dad training over a year ago and have taken 2 of the 4 classes we paid for. We were at a point in our lives when t...
Account Closed
Form 1098 for private lenders. Reporting MUSTS
Navigating tax responsibilities can be complex, and one common area of confusion is whether private lenders should send Forms 1099-INT to investors and if investors should receive Forms 1098. Let’s break down these pr...
Lucy Can
bank loan for marijuana commercial retail - Colorado
Hello
When all banks are refusing, who can the investor approach for a loan to buy commercial property occupied by marijuana dispensary. It is 1 retail 100% occupied by dispensary. Located in Colorado. I am ready to...
Ivy Hailey
Newbie how do I Screen Private Lenders so I don't get Scammed
I obtained an offer on social media after I marketed a property. A individual commented on my post stating he was a private lender and that he is a national private lender and offer me a great really great percentage ...
Matthew Tierney
Being a private lender
Hey BPer’s So I’m curious what a private lender deal looks like from the lenders end? If I was to lend 50k to an investor that’s buying distressed properties and flipping them and cherry picking the best deals for his...
Mason V.
Ate there any restrictions on private money?
lets say you are given a private loan for (x) amount. Would there be any restrictions on how often you can use this kind of financing? Must the lender be accredited? Do they have restrictions on how often they can len...
Steve West
Private Lenders
I'm currently working to build a list of lenders. It has been easy finding hard money lenders, but obviously at higher interest rates (plus points). I've heard that private money lenders (individuals) offer better ...