Codey Wendel
Thoughts on a three-way partnership?
Hello everyone. I am looking to purchase my first investment property next year and have two friends who are interested in investing with me. I have been thinking about forming a three-way partnership, but am not supe...
Account Closed
Buying my first trust deed note.
After doing some search and research I'm investing in my first trust deed note. 50% LTV and it pays 9% monthly for 60 months. Approx. investment 50k. The bad thing is that the home owner can pay me off before th...
James Mercer
Things to look out for in a STR?
All I hear about is how great STRs are and how in the correct market they can basically be a money making machine. What are some of the cons or risks of owning a STR that a new investor should look out for? Asking any...
Ashley Russell
Structuring a Fix and Flip Deal between GC and Investor
My husband is considering partnering with a local investor on fix and flips where this investor would put up 100% of the purchase price and renovation costs. My husband would act as GC and do all the work, manage subs...
Bryan Scrivener
Hit a brick wall right out of the gate.
I've been reading a lot and gearing up to start investing. Long story short, all the money I have for startup is in a 403b retirement account through my employer. My plan was to either borrow from that account so that...
Cameron Tope
Houston Private Money Lenders
BP Community,Any recommendations on reputable private money lenders (not hard money lenders) in the Houston area? Thanks in advance,Cameron
Joel A.
Where do you park your money? In replace of a savings account.
Ive been trying to figure out where I should keep my savings where I can maximize its growth and am really curious to hear where you think is the better place to do so. I want to keep the money as liquid as possible...
Joshua Massari
Anyone out there using a SDIRA to offer hard money loans?
Hey BP,I am looking to roll my Simple IRA into a SDIRA so I can have control over this money and invest in real estate. I was originally intending to use these funds for fix and flips, but since I cannot be involved i...
Jerry Jones
Partnership with a general contractor
I am considering doing a partnership with a general contractor who I trust and who has quality work. He basically wants to rehab homes with me and and split the profit 50/50. I would be putting up all the money, ...
Joe Au
Good Debt vs Bad Debt
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...