Are there any rules/regulations regarding private lending from family members? How are people structuring these deals? I have been doing flips/BRRR's with my own money and would like to bring on family members to earn...
Hi,
I am New to Bigger Pockets after learning about the book Buy, Rehab, Rent, Refinance, Repeat by David M. Greene. That book led me to The Book on Flipping Houses by J Scott, and I am now in the process of readin...
Hello BP Community!I'll jump right in: I would like my first deal to be a duplex/triplex (or even 4-plex) that I can use an FHA loan to purchase, and live in one unit while I rent the others out. I would like to use O...
So I find myself here again in a tough situation . So when I talk to a lending company, everyone states that what I'm looking to lend ($72,500) is to low for the company to lend. So they say they have another sister c...
Does anyone have professional guidance regarding how taxes work regarding private lenders or hard money lenders? I was on both sides of this question last year and have not yet filed my taxes.Two scenarios to conside...
You want to invest in real estate, but you don’t have the money. Are you out of luck? Good news—money is NOT a dealbreaker. There are several levers you can pull to get the capital you need, and today’s guest is going...
Understanding the Key Differences Between Private and Hard Money: Pros, Cons, and When to Use Each
Hey everyone,
I’m exploring different strategies for raising capital for commercial properties, specifically distressed office buildings that we aim to recycle in California. I know there are investment platforms whe...
An investor who intends to buy, fix up and then sell or rent a distressed property would consider a private money loan. Conventional banks and credit unions tend to shy away from lending on distressed properties, so a...