Pat McGinnis
Where to find private money you can trust for first real estate deal
I'm looking to do my first (hopefully of many) long term single-family home rental deal. Right now I'm planning to do a HELOC and wondering if it is the best way to go. How can I explore legitimate Private Money to he...
Alex Sinunu
Finding and evaluating private lending mortgage brokers
I posted the other day that I am new to private lending in California. My first few deals will be smaller and possibly second position. For those of you that work WITH private lending brokers, do you have tips on how ...
Account Closed
Credit Cards for Seed Capital
Has anyone ever used a personal credit card for Seed Capital to use on construction for a flip? Curious your thoughts?
Brian H.
Really need some guidance in regards to lending! Thank you!
Howdy everyone!I am in need of private or hard money lending for my first flip. Being my first flip, I have never used a hard money or private money lender before. There are SO many hard money lenders out there. I ...
Chad J Muse
private money or partner?
New to REI ( about a year). Still working day jobs, my wife and I bought 4 sfh last year. 3 buy and hold, one flip. Flip almost ready for market, 2 of 3 fully renovated and rented(duplex and sfh renovated, one turn ke...
Ryan Corcoran
Ayer 10-unit BRRRR Buy and Hold
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $738,000
10 unit property that was on the MLS. My partner and I went to see it 2 hours after it was posted and of...
Stephen Brown
Partnerships: When is the right time to pursue one?
Hello BP,I really want to grow my business this year and therefore I was contemplating partnerships and private money. I've listened to many BP podcasts that have guests that go this route and are very successful with...
Bryan Ponce
Transition from Hard money to private money
I’m about to take on private money for the first time. I’m accustomed to dealing with hard money lenders and all their requirements and documents. My question is, what loan/notes documents should be in place with a pr...
Todor Ialamov
3 Family BRRRR Deal Fitchburg MA
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $191,000
Cash invested: $82,000
3 Family - 3/1, 3/1 and 1/1. Bought for $191,000, putting $82,000 towards renovation...
Jared Gore
Getting your money back?
I understand the concept of the BRRRR strategy, but what do they mean by “getting your money back” to put into another deal when you refinance a property? Are they talking about a HELOC?