Charles Kamen
Can I provide proof of funds for another person and charge a fee?
This is purely hypothetical but I had an idea that I could explore if it's even legal. My idea is to work with RE investors/buyers, and use my available funds to provide a proof-of-funds letter for their deals, and c...
William Shadbolt
Hard Money Terms for me to lend
I have a friend (and third owner of some of my rentals) who would like me to do a hard money loan to buy an REO for him to rehab and flip. He's looking for 10% interest, six month balloon (interest payable at close o...
Samson Tse
Amazing opportunity or just a silly deal?
Hi guys,I'm new to RE investing and would like to get some advice on the following property in Ontario, Canada. I've been reading up on RE investing the past year and have been browsing MLS for roughly the same amoun...
Daniel Winsor
Questions on closing costs - How can I lower them?
This is the estimate I am planning on using for financing. This is one aspect of things I have NO knowledge of. I don't know what things are required, which are optional, etc. A couple things stand out to me:Cant Shop...
Darius Tracy
Where are you storing accumulated capital until next investment
Me and my wife practice many of the principles that we have learned along the way through the help of BP money podcast, countless books, and other resources such as a high savings rate and living a lifestyle well belo...
M. Ian Colville
$20mn fund looking for good Fix/Flip JV agreement.
Hi All! We currently own ~$20mn in residential properties and we'd like to get in to lending in the fix/flip market via a joint venture structure (we provide most of the money, partner does the work and we split the ...
Zach Fridrich
Funding for My First Deal
Hey y'all my name is Zach. I'm brand new to real estate investing. My credit isn't the best and my capital is zero, aside from our life savings and emergency fund which is also low. I've tried almost a dozen differen...
Ken Bernstein
Cash-out Refi Process
Hello BP Nation,
My partner and I recently closed on a hard money loan to acquire additional properties, and are now working on the exit strategy. We have been purchasing properties since 8/13 and now own 23...
Bienes Raices
Critique my holding deposit agreement
[moderators: sorry I posted this by mistake on the Commercial Real Estate forum and then reposted here. Could you please delete the one on the Commercial forum]
So far, I have been having the tenants pay the holding ...
Bryce Palmer
how to start out in real estate with no money to start
I want to get into buying and renting out property but I do not have money to start out.