Edwin Epperson
PRIVATE LOAN - Memphis TN
Investment Info:
Single-family residence private money loan investment in Memphis.
Purchase price: $125,000
Sale price: $125,000
This is a private loan I provided to a family who owned two townhouses...
Bernard Chouinard
Private Lender Backed Out Last Minute COVID-19
2 Days before closing on my rehab, my private lender pulled the plug on the funding for fear of the uncertainty we're facing with the market and the virus. He was getting great rates with 2Points origination and 15% ...
Steven Benton
Hard Money Lending Details???
Hi all! Quick question regarding hard money lenders… I am fairly new to the concept of hard money lenders and was looking for in depth articles or a specific podcast I could check out that goes into more depth on the ...
Edward Grove
I found a potential private money lender - how to structure?
Hey everyone! I found a potential private money lender and am planning to discuss options, terms etc soon. I would like to do the BRRRR strategy. Anyone have suggestions on how to set that up and what a fair rate is? ...
Greg Moran
First investment loan default. The saga begins
Investment Info:
Single-family residence private money loan investment in Enid.
Cash invested: $27,600
Contributors:
Matt Mesick
UPDATE: (10/02/2022): Borrower has defaulted on the loan a...
Kimberly Porter
F Street Investments aka The Hard Money Co
Has anyone had any experience with The Hard Money Co (also known as F Street Investments). They financed a house for me that took me longer than expected to finish (11 months). The house is now finished but they have ...
Chukwudi Motanya
Purchasing Advice. (what should I do?)
Hi all,Need some advice. I am currently under contract for a property in the Atlanta area and was going to go through the conventional route. Only problem was that the appraisal came in "subject to" repairs that will ...
Steve Hiltabiddle
Loan Penalties: What do you use in your loan docs?
Hey BP Private and Hard Money Lenders
I’m curious what penalties you typically include or consider including when lending to flippers/rehabbers on shorter term loans, and what you might charge when applying the penal...
Christy Tay
Flip turned into rental strategy
Hello everyone.I need a little guidance on how to go about buying and renting (new to REI). I'm in the process of looking for a house to buy and flip, then after a few months of living there, the plan is rent it out a...
Cory King
My 1st Knoxville Historic Remodel
Investment Info:
Single-family residence buy & hold investment in Chicago.
Purchase price: $175,000
Cash invested: $100,000
My first historic remodel and I sure learned a lot. I expected it to in...