Sam Stout
How to become a Hard Money Lender
Hey there, I am interested in becoming a Hard Money Lender because I just don't have time to manage rentals and all that. Does anyone on here know of some reputable contacts which could get me good rates on my mo...
Bruce Thomsen
Proof of Funds/Pre-approval
Hi Team! Thanks in advance for your feedback. My brothers and I own a few SF's and are now looking at MF's. We are activity looking at 3+ family properties. We have been deterred from certain properties because they s...
Isidora-Izzy Sadzakov
Key things you should know about construction loan draw
Lots of time, Fix & flip investors have come to us and ask for a small bridge fund to carry them on until their construction lender (s) release the requested construction draw. To avoid any of these shortfall duri...
Alexis Galligan
Renovating A Duplex with Very Little Cash - How to Finance or To Wait?
Hello my name is Alexis. My partner Michael and I recently purchased a duplex in a historical neighborhood in Newport, KY. Our Initial plan was to renovate the lower unit, while we have the tenant upstairs and then re...
Don Weymer
Personal HELOC on primary for down payment on commercial
So the short story is this, I am a CPA and am self employed, and have a full time job, I also have a food business with my wife that requires a kitchen, which we are currently renting. (I have never borrowed on or own...
Colby Zeller
FHA Loan details and questions
Now that I have found the market I want to invest in and also the property type I settled on looking for, I am intrigued to learn more about the type of loan I need to qualify for. I want to purchase a small multi-fam...
Thomas Burnett
Transaction without mortgage, subject to HELOC?
Very specific situation I've got here that I haven't been able to find good information online that fits this unique criteria.I have a friend that has a property that they own free and clear of mortgage, yet they are ...
Dwaynne Meuth
When do you consider rent paid?
Do you consider rent paid when the Tenant initiates an electronic payment or when the funds are credited to your account and available for you to use? I believe that the lag time between when the Tenant initiates the...
Trevor Probandt
Any Syndication Professionals willing to critique my Cred Kit and Example Deal?
Hello,I am a new syndicator who is looking to start raising private money and would appreciate any critiques or suggestions from syndication professionals. Thank you so much! (I just found out that BP, doesn't like fo...
Ben Unger
Using Parents Roth IRA for funding?
Hello BP,I have read a few forum posts about using SDIRA as a means of private lending. I still am not sure how to go about doing this, and what would be the up front costs to me or the lender (I.e. my parents) if don...