Owen Dashner
Question for Hard Money Lending Biz Owners
I started a hard money lending business with a couple of partners in the Nebraska and Iowa marketplace using our own capital. Demand has been solid, and it has become apparent that we are going to have all of our mone...
Charles Henning
Am I too old to start?
I am 51 years old and disabled. My primary (and currently only) source of income is SSDI (Social Security Disability Insurance). My wife is currently unemployed, and has also applied for disability and her case is p...
Nehemiah Wallace
Single income family of 7, some debt but want to buy a rental
Getting a good chunk of change back from IRS and I want to start investing by buying a property in the $80-$90k range ready to rent out but the wife thinks we should eliminate our debt first. Is it a good idea to get ...
Bill Ward
Capex wipes out cash flow for a year?
So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...
Clayton W McGehee
High growth potential investments?
Hi, I currently put 600-1000$ a month into a fairly safe 5% interest bearing account and I want to start putting about 100$ a month into something that is more high risk/high reward as well. I am considering doing thi...
Matthew Shay
Investment criteria for buying Apartment Buildings
I am interested to hear different investment criteria that people have for multifamily properties. I know that this is a subjective question. Some of the metrics I want to know about include cap rate, COCR, IRR, DSCR....
Corey Duran
Can I have multiple LLCs operating out of one bank account?
With the help of an attorney and some responses here, I have come up with the game plan to have a business structure as follows:Trust (Top ownership that owns the management company)Management Company LLC (first actua...
Larry Bowers
Bad faith collection practices here? What to do?
TLDR: Creditor made zero true effort to contact me to settle a debt I couldn't have reasonably known about. I want the information off my credit report. Need advice on fighting it.
Hey BP, I need advice on how to re...
Oscar Tol
To BRRRR Or not for first investment
Hey BP!I wanted to get some insight and advice from the BP community.I’ve decided to get started with investing (finally),however, I’m am stuck with the analysis paralyses.I’ve chosen my geographical location to be th...
Clint Vonburg
Question about finding 100% financing.
So my question is if I find a deal and get a hard money loan for 70% of the ARV but that much doesn't cover all the money I need for the rehab what would be another way to get money other than just saving from my job?...