I understand the first 2 Rs but i can't quite get refinancing. Could someone explain to me how it works and how I can get all my money back? Thanks!
I am brand new to all this. I have seen seen reviews regarding REITs. Does anyone have anything good or bad to disclose? Which ones to look at and which ones to stay away from. I am not an accredited investor (yet ;)
Hi Everyone. I've been actively investing in single family residential properties for about five years. I've bought long term rentals and short term rentals. I've bought a freshly renovated property and I've bought...
I'm in Detroit looking to operate my cash flow in the Oakland Macomb county areas, but in this market would it be wise to go with the hard money loans or Private Lender? An where would I locate such resources?
This is only my second post on the forum, as such, if I posted in the wrong section, please let me know. I have both a private and a conventional investor. Here is my current arrangement: Local bank for 80% of financi...
Since I get these questions a lot - I thought going out to the BP community to see what they think might be educational.As a private lender, I've discovered the term is very ambiguous and vague to borrowers. There are...
I have just recently got my first off market SFH under contract in the Akron OH area. 20% below market value in an “A” area. Only rehab needed is a new furnace. I have a private lender ready to fund the deal with a po...
Hi Everyone,My name is Michael, and I'm a traditional turnkey investor. I have an opportunity that conventional or DSCR lending won't finance. It's for lease option investing, where the tenant brings in 10-20%, and us...
I'm looking to acquire a turnkey property. The cash flow is about 500. However I don't have enough for the down payment. If I borrow private money for the down payment, how do I structure it so that I can still have...
I'm really thinking about using Private lending (or HM lending) for my real estate deals, so,
#1, Im asking if someone could explain to me the structure and purpose of Private lending? I don't get the g...