Greetings BP!Had some questions on private lending, and I figured this was the place to ask!We have a private lender who has been writing mortgages with us for a couple of years now. His attorney had mentioned to us t...
Hey guys! Just recently purchased my first two properties with conventional 15-yr mortgages. This of course maxed out my debt to income ratio, making it very hard for me to get another conventional loan this year. My ...
how do I setup and llc to receive private loans to flip properties?
What is the easiest way to tell if a private lender is a fraud? I have one private lender who keeps contacting me about offering private loans. He says his name is Bryan Chambers from Chambers Financial located at Rat...
Hi all, I've got a verbal agreement on a 2 bedroom property that works great for the BRRR strategy. All the numbers work, the property needs a little cosmetic love, and will rent very quickly. I'm excited to start o...
Does anyone use a third party to finance deals on land contract? I had a few good deals that didn't go through because of someone being in their home and not able to get another mortgage to buy my property and so for...
What are common uses for using private money funds? Which one offer greater benefits to investors? Private money or transactional funding?
I have a friend who has been offering to lend a small amount of money ($20k-$30k) for my rehab projects. I have been ignoring him because I am kind of scared of the unknown since currently I use HML and personal ...
If the by-laws in a private community state that you cannot run a business from your home, does renting that home constitute a business?
Ok so I've recently found someone who would like to invest some money in real estate, he said he has about $21,000 to invest. My question is how do I put this to work most effectively? From the deals I've run into, th...