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I've looked at the bigger pockets guide on working with hard money lenders but wanted to see what you all might specifically look for when choosing to work with certain lenders. What questions do you ask and what make...
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I'm currently in scale mode and would like to join forces with a family member who has offered a sizable amount of money to invest. Right now I'm in BRRR mode and have been pretty successful the last year. The family ...
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1920 HUD former duplex 4/2 for $26K in a college town where 3/1 prices average in the 70's. Our contract date is 3rd week in April. The list of what needs repairs is long. Needs new plumbing on one side, including ...
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Hello, so I am writing today because I was asked for a loan since they are short $1000 of deposit money for an apartment they are moving into. I’ve searched topics on here and online as well but most of the things I’v...
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When you’re deciding whether to lend to someone, what do you look at first? Is it their credit score, their track record with loans, or the investment they’re trying to fund? Do you rely more on the deal itself or the...
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There is someone out there using my name (although they are using my last name as their first name and my first name as their last name) to lure other real estate investors in to thinking this person will fund whateve...
A few days ago, I downloaded the "Simple Waterfall Model - Private Equity" spreadsheet in the files vault section, that was created by Bryan Hancock. First wanted to say thanks it s a great spreadsheet.
I wanted to c...
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Is it possible to lend out of my self directed IRA through a NOTE to someone starting a business. There would be no real estate involved.
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Few questions for starting out: 1. Have LLC already set up, title will be in LLC's name, loan in personal, is there a better recommended option? Does this present any other issues? Getting a loan to LLC with no his...
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I know the interest rate is directly tied to risk and neighborhood, first lien, performing etc. Is there a floor for what interest rate you’d accept— for example a house in a great neighborhood with a low debt to equi...