I'm considering getting into private lending and recently spoke with a local company that facilitates investments. They said their private lenders invest in their own names- and by invest I mean holding the note to a...
Hello, I came across an opportunity to invest/ private lend on a fix and flip. The annual return rate is good and time-frame works for me.
My questions are;
1) what are the type of documents I should expect to re...
Even if you had NO idea what a Lamborghini Huracán was worth ...... what would be your IMMEDIATE response if I offered one to you at half-price?I'll bet it's one of TWO thoughts:😮 There's something WRONG with the car!...
Hello BP, I have a question about private lenders. My Question about private lenders is, are they just regular people that you know that will lend you money to buy investment properties, or are they people that specia...
I’ve identified a few properties that would be great potential flips. I have the team and manpower to get the job done. Now, I’m in search of a private money lender to help fund the deal.I’ve been getting emails from ...
I've seen many great buy in the Houston area but having a hard time finding loans that allow a flip.Tthe homes are in need of numerous repairs and do not qualify for investments loans through banks.How does one proceed?
I've done private money lending in the past with both contracts and promissory notes. If you're a private money lender how do you protect yourself while lending? What legal documentation do you use? How do you vet you...
Real Life of a Private Lender - Business Update Week #1Alright BP Nation, as promised, I am giving you guys a peek into what happens in the week of a private lender. By doing this, my hope is that:1. You will understa...
Hello!
It seems like this answer should be out there everywhere, but I searched Google and the BP forums and can't find it..
We have a few investors in our deals. We want to be able to send them their distributions ...
Before the 2007–2008 mortgage meltdown, getting a conventional loan was much easier. If you could prove you had income on your tax returns whatever the source (1099, temporary positions or non full status employee pos...