Dane Davis
everyoe says, "do the BRRRR method with no money down", BUT HOW?
I am in the process of looking for a property to buy at a lower price rehab with either a 203k loan or utilize the BRRRR method with a hard money Lender. I currently have the money to put down the 20-25% on a convent...
Peter Amendola
Investment property - lower interest rate or lower down payment
Hey everyone! I have a mortgage philosophy question for short term rentals. My wife and I are looking to purchase an AirBnB STR and have two options (below):1) Purchase price = 480k, down payment = 20% (96k), intere...
Dorian Wood
Using a pesonal loan for down payment
I'm short on cash but have good credit and income. I am considering getting a personal loan to help fund my first deal. Has anyone had any experience with using a personal loan to fund their first real estate property...
Sam Hudacek
Pulling equity out of vehicle to use on property down payment?
Hey BP! I currently own a duplex and a fourplex, both funded via VA loan. Currently, I have little cash and cash out refinancing my properties is not an option. I have a paid off car and recently found a bank that wou...
Clayton Sneider
Does Real Estate Appreciate?
Michael Bluejay on his website http://michaelbluejay.com/house/appreciation.htmlsays that real estate does not appreciate faster than inflation. I think I mostly agree with his logic: "When you think about it, it seem...
Account Closed
Can an LLC be a hard money/private money lender?
Hello all!
We are not seeking legal advice here but in theory, could an LLC or LLP with several partners become a private money/hard money lender to REIs in need of capital? Thanks for any insight!
-John
Candice Bride
Take out a loan on equity or use money in my savings ?
I bought my first rental investment 5 years ago. I can refinance to a lower interest rate and i also need to do some repairs, around $10k. Should I borrow money on the equity I have in the rental when i do the refinan...
Jacklyn P.
My own Self Directed IRA as Hard Money to myself to buy property
I do not want to use my self directed IRA to directly buy real estate but can I establish my own hard money lending company and borrow money from it at 10% interest rate to buy real estate?
Nathan Kennedy
Trouble getting personal mortgage
My wife wants to buy another house for our personal use. My question is....if I take on a lot of debt from investment properties, will that limit my ability to borrow money for a personal house?
Jon Q.
Manage your debt wisely...
"A man in debt is so far a slave."-Ralph Waldo EmersonTwo critical things to understand about debt...(1) Every time you borrow money you erode your future income, and (2) When you borrow you immediately reduce your ne...