I plan on calling my 401K company first thing Monday morning, but I was wondering if anyone on here had any experience with 401K loans? There is a property for sale in my neighborhood, 3 bed, 2 bath, 1000 sq ft fo...
Hello all! This is my first post after several years of being a fan and finally completing my first live in flip. Excuse me if I post this under the incorrect category.I’ll try to keep this short. I’m looking at purch...
For the past five years, I have been providing private loans to a builder for new construction projects. Our agreement has typically been structured as an interest only loan, where he puts down 25%+ when purchased and...
Hey guys! I'm in Redding CA and just bought a duplex. I'm trying to find a good credit card for about 10k of renovations. To get a higher limit, do I need to start a business or how have people funded minor renovation...
Hello,Here is my idea, is it a good one?My wife is starting a new job and we are discussing options in regards to what to do with her current 401k that is worth $16,000.Our plan is to use whats left after income tax a...
So I’m a long time reader and listener to the podcast and forums. I’m at a point in my life that I am ready to finally pull the trigger and get into real estate. So I have 20k saved and available to put into action. I...
Hi everyone, I have located a multi-family in Hartford that I am looking to purchase and rent, and then refinance. My goal is to have the property rehabbed and rented in 3-4 months. Does anyone have experience with ...
If you needed to finance $100,000 for an investment, which would you choose:a) A conventional loan at 4.25-4.50% for 30 yearsb) A loan from a family member for 0% interest, but have to pay $10,000-$15,000 back per yea...
Can someone with a lot for knowledge regarding HMLs , help me in understanding how the Interest and Points work with a Hard Money Loan ?EXAMPLE:Say a HML says they charge 4 Points with an Interest Rate of 12% If The T...
I think the number one issue most people new to the game struggle with is how to obtain money to fund their deals. What avenues to take, what do they actually need to present to Hard Money companies to get their deals...