Taylor Johnson
Understanding Private Money Interest Rates
Last night I attended my local REI meeting and the topic was about private lending. This seminar was so helpful and got my wheels turning about prospective family and close family friends who could potentially be a pr...
Ray San Miguel
Trying to understand hard money
I know there are a lot of people in the hard money industry that can take advantage of newcomers so I figured I would ask the BP community. I understand the idea of hard money lenders, But how does it break down? Ho...
Cole DeRoy
Heading to Hawaii!
Hello BP!! My name is Cole and I'm an active duty Army officer and I just found out I'm getting stationed in Hawaii for the next 2-3 years.....so that's awesome : ) I just joined BP and am looking up my real estate ...
NA Beauvais
Teaching your kid about real estate
I have a son that is 10yrs. old and being that I work from home my son always seems to come into my office area and ask me questions about what I'm doing. Not wanting to bum bared him with information I try to give h...
Shawn McCarty
Understanding Hard Money - Suggest A Hard Money Lender...
Hello, I spoke with a hard money lender who said... "we lend based on the property, 67%, 4 points, 6-12 months, 14%"... I say ok, I think I can come up with say 10K to get "skin in the game" which should cover the 4 p...
Ernest Rogers
Parent Company or Not Yet ?
I need to start an LLC for my 1 Rental to Own Property. I plan to buy more when I understand Real Estate. The new ones will be closer to my home, so they will be buy and hold properties. This rental was my personal ho...
Allen Ho
Main Street needs the bail out now!!!
Sorry, I don't usually post and am mostly a lurker learning from all
of you. However, i feel it is time that I need to say something...that WE THE PEOPLE/INVESTORS need to
be bailed out this time! I don't want t...
Rob Cee
Jimmy Napier Basic Paper seminar
I'm thinking of going to this in Tampa Feb 7th and 8th. Has anyone gone? Feedback?
Sanjoy V.
Understanding earnest money deposit - dallas multifamily
I am trying to understand the earnest money technicalities. Have a novice question here, bear with me.
If you are making a $125k earnest money deposit on a lets say 5.5 million dollar deal.
I have been told, it wi...
Jessica Corona
Understanding Private money loan with IRA
Hi there, I am looking at buying a Multi-Unit investment property. I would need to obtain a Private Loan that would be paid back in 1 year. I have someone with an IRA who is willing to loan me the money at 6% inter...