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Hello, when investors are seeking private or hard money capital, what’s the risk of that potential lender stealing your deal? Do you typically share the property address or just the numbers to protect the deal?
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Hey there, BP! I'm house hacking my SFH in Walnut Creek, CA. I live in the attached ADU above the garage, which has a private entrance. The main house where my tenants live also has a private entrance. Currently split...
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How do you find private lenders? Please share whatever website or organization doing private lending.
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Hello BP,
I am a muslim trying to get started with my investment career. However, as part of my religion it is forbidden to pay or recieve interest. However there is an alternative way which is charging the profit on...
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My name is Mark Fulop I am a mortgage correspondent lender/ underwriter with about 13 years of experience. The main reason why borrowers use a mortgage broker is to ensure that they attain funding from a reputable so...
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With the recent Jobs Act, is it legal to advertise locally for investors and, if so, do I need to state that they must be Certified Investors? Would I be better off advertising for shares in a Syndicate, or is it t...
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Hi There!Can anyone share some experience they have had with seller and private/personal financing of a property? I am interested in learning about how you have structured deals...Length of LoanDown PaymentInterest %I...
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Hi all,We renovated our south Austin house after evicting a tenant 3 years ago in 2022. Then we experimented doing AirBnb for 1.5 years. Due to high interest rate and almost $10k of property tax, we negative cash flow...
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Hello, I'm a first time RE investor looking to buy my first BRRRR property out of state as my local market would not work well at all for it. I'm in the process of identifying my offer to private lenders, so my questi...
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When you are buying a property off of the MLS, and using private money, how do most of you show proof of funds? Most of the time I am asked for bank statements or something similar, is it the same when using private m...