Hi, my name is Lior and I'm 22 years old. Though I love my day job as a management consultant, it often requires 12+ hour workdays. I became interested in investing so that while I put the long hours in consulting, th...
I made a hard money loan and the party has defaulted. I've lent out money several times before, but this is the first time the party has not been able to repay on schedule. It isn't a federally backed loan, so I'm not...
My wife and I are about to close on our first property a 2 family in NYC and I'm already thinking as to how to get the next house. We have a family member that can loan us money at less than 3% the problem is that the...
What is the repayment time? The same as a mortgage?
Can you write off the payments?
Does the interest rate fluctuate or can you lock one in?
Hey everyone. I'm trying to come up with a list of reasons why more military members should be investing in real estate and would love your input. I'm specifically looking for distinct advantages, attributes, or point...
Hi there looking to get some info on private lending: Pros and cons?
Looking for advice... we are considering borrowing against our deferred compensation retirement account to pay cash for a property. Can we renovate it and then take out a mortgage to pull the money back out? Has anyon...
Hi BP group,I, and I’m sure many, have a lump sum of money in a 401K/IRA. I currently have my money is a self directed IRA and use it for hard money loans. I flip the funds and do well with this strategy. However idea...
Is it feasible to obtain a loan or a good old boy agreement where a lender offers 100% financing for both the purchase price and construction costs at hard money rates, secured by a second position on the borrower's o...
Hey BP Fam, I am trying to wrap my head around how the repayment of private lenders works, specially while using the BRRRR strategy. Can y'all give me some examples of your terms/stipulations. For example, is a specif...