If you are thinking about investing in real estate for the first time or if you are a season do-it-yourself real estate investor and are considering passive private real estate investments - ask me anything about this...
Investment Info:
Small multi-family (2-4 units) private money loan investment in Mc Kees Rocks.
Purchase price: $125,000
Occupied duplex purchased with private $ at 8%. Will hold with private money for ~...
How do you structure private money loans, where the private money lender gets the 1st position lien on the subject property? Does the private money lender need a self directed IRA where the investor can draw from usin...
Investment Info:
Single-family residence private money loan investment.
Purchase price: $65,000
Cash invested: $40,000
Sale price: $65,000
Provided a hard money loan to an investor looking to pur...
This is one of those confusing tax issues that does not have a short answer: do I need to send Forms 1099-INT to my private lenders, and do they need to send me Forms 1098?Part 1: Forms 1098 from private lenders to in...
Morning BP, currently under contract for two properties, for one bundle price. Price is under market and has great ARV, due to the area. I have attempted to reach hard money lenders, but all require inspections, appra...
I really want to accelerate my business and use the BRRR method, problem is I need one of those coveted private lenders. I personally know several people who I can ask; present a business plan what have you, my questi...
Hello, my husband just became a licensed realtor and we are looking at creative financing options to house hack/ make our current primary home into an investment property and purchase a new primary home for ourselves....
So I have had a few private lenders who just lend me money with a promissory note. That has seemed to worked quite well. But I am in discussion with a new private lender who would probably want a lien against the prop...
I am borrowing money from a private lender to flip a house. What is the best way to protect my private lender ? Put them first on title? Have escrow file a promissory note? what other options do I have? I want to ma...