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...
Hello! I am currently 33 years old and most of my investments are in the S&P 500 as well as other index funds. I am considering selling some of my stock (between $50k and $100k) to put a down payment on a rental p...
Bought a teardown at a tax auction, went in and knocked a hole in one of the kitchen walls, found three stud bays filled with plastic-wrapped used bills, mostly twenties but lots of fifties, hundreds. $873K total. The...
I'm hoping to get some insight from others in the community who have experience with private lenders. Has anyone worked with Allen Capital LLC (based out of Dallas, TX)? I've recently started to look into possibly us...
Would love to chat with a broker - how you got into the biz, how it works, etc. I have referred many people to hard money lenders that I have worked with and had a good relationship with. This was just to be helpful...
As everybody knows there is a huge shortage of inventory in many areas of the country. I have been able to stay ahead of this shortage by investing in different areas. Most of these areas have had big rent increases...
Good Morning BP Community,Is Hard Money really for suckers?
My wife and I have done about 30 flips over the past few years, typically with a partner of ours that has a good amount of cash which he invests, then we sp...
I'm going to be hard lending money for the first time and I need some pointers. I've inspected the property with the lendee and I'm comfortable lending her 80% of the value. She's buying the property for 125k and I'm ...
Questions for the community about ADU builds:1) It seems that building an ADU does not add $:$ equity value to your existing property. On average, the numbers I am finding show a $0.50-0.70 equity increase per $1 inve...
I am dealing with this local property management company for the first time; everything looked great until my tenant stated paying rent five to ten days late every month. The tenant then pays the rent but nothing ext...