I have a property under contract in a cash deal. I would like to put a mortgage on it as soon as I can to free up cash for follow-on opportunities. I am familiar with the cash out financing rules if I try to financ...
I've been reading for a while and am fascinated at how some people have the cash on hand to buy:-Properties out right with cash-Multiple properties with 20% down paymentYes I understand there's many ways to finance bu...
Hey BP,I am trying to find a private money lender to assist with the finances of house flipping. Originally, I was going to obtain a hard money loan. However, after a great deal of research and analyzing the outcome a...
I'm new to investing. I've been educating myself for a year and I am ready to do my first deal but raising capital seems to still be the obstacle. I would like to by a single-family residence to begin with and rent it...
Hello, I just got started with PML with one of my retirement accounts. I was wondering where folks who partake in this business hold their capital when it isn't loaned out? I would assume a high yield savings might ...
Hello everyone,My partner and I would like to start rehabbing properties. We have the construction background and the capital from private individuals. My question is about establishing the company.. LLC or S-Corp? Ho...
Hello dear Biggerpockets community,
I am a newbie here. How much can you save on closing costs if a property purchased through hard cash/private money vs the bank? Many thanks in advance.
Hey everyone,
I know this is probably a total newbie kind of question, but its something that i think i would find easily but i cant seems to find a subject on it. I currently own 2 homes, one is my main resi...
So I have a friend that has a few real estate properties. I am trying to get into owning rental property. His properties seem to be right on point t with what the market is around my area. What are the benefits of bu...
I'm looking at a possible flip and can't decide the best method of financing. We have some cash in mutual funds and are wondering if it's wise to pull that out and pay cash then finance the remod....Or save the cash ...