Hello everyone. I am looking for advice on private money lending as I have never used this avenue and starting to look into how it works. My biggest question is won't I lose the tax benefits of deducting loan interest...
If possible could someone hook me up with a Private Money Lender please and thank you.
I was just reading various topics and I saw a lot of HML's and PML's wording. I thought they are the same but not sure.
Are they the same? What the difference? (I couldn't find it when I googled it)
Hi everyone,I just joined BP pro membership last week and excited to learn more about real estate investment. I joined a seminar yesterday at Detroit area and they discussed about utilizing private lender to buy your ...
Hi Everyone! This is a tax/legal mix question. I'm curious as to what type of corporate structure(s) BP members are using when working with Private Investors of short term (Less than six months) residential home fli...
The National Private Lenders Association (NPLA) recently published a new "glossary" of private lending terms to try to standardize and clarify the terminology around private lenders (which I think is a big problem). ...
I really want to accelerate my business and use the BRRR method, problem is I need one of those coveted private lenders. I personally know several people who I can ask; present a business plan what have you, my questi...
Hello BP,
I have recently joined and have been really impressed with the wealth of information and the different view points I've already experienced.
My goal hear is to learn way to gain access and best utilize pri...
This is my first year using private money to fund my flips. Do I need to send my private money lender a 1099? Do they send one to me? Thanks for the help!
Hey BP World!I have found that many of my investors have been having issues with fraudulent private money lenders down here in Florida.With that being said, I was wondering what types of precautions can be taken when ...