Can someone explain the differences between hard money lenders and private lenders? Pros and cons of each. It seems to me there are more hard money lenders than private lenders but maybe it's because I don't know how ...
Hi guys just joined today but I've been watching many YouTube videos from BiggerPockets I've been reaserching and reading a lot about Real Estate and investing my biggest concern is what are the chances of a lender le...
Greetings,As a "newbie" who is rebounding from my first REI non-deal, I am treading the waters once again and working on flipping my REI deal by December 16, 2016. Here's my question: "What is the difference between a...
I am a bit frustrated and hope this will be received well. This also may be somewhat lengthy as I just need to vent some. I have a 15 yr background in account management/outside sales. My husband (a Chiropractor) an...
Hello,I'm investing in Houston area doing flips (2) and buy and hold (1), I'm running out of room on my debit to income ratio to buy more properties so I was considering private lenders as a way to get out of that.Co...
What is the best way to go about finding private financing for a deal?My dad has a modular home under contract with a private motivated seller.It's under contract well below 50% ARV and is in good condition. Thanks BP!
When investors come to you with a proposal, how do you evaluate the risk? What do you consider or do to manage that risk while your money is tied up? I realize this is very broad, but the thought came to me while sitt...
So I listened to a webinar With Brandon I believe. And he pointed something out. So lets say that I found a property but cant buy it because I already own a property. But I find a private money lender to back me. ...
I'm a realtor and investor in the Detroit market place and I need $6k for a seller financing deal. I can pay the loan back in 8 months. How would you approach a private money lender and ask for the loan?