Here's a question for the PML's out there... I am currently preparing to loan money to one of two partners in a real estate transaction. (The other partner is bringing their own cash to the closing table.) Do I nee...

Hey BP Fam, I am trying to wrap my head around how the repayment of private lenders works, specially while using the BRRRR strategy. Can y'all give me some examples of your terms/stipulations. For example, is a specif...

Hello fellow investors! Im getting the last ducks in a row to close on our first flip using private money. We are unsure if we will need a mortgage along with our promissory note or if the promissory note is sufficien...

So I'm completely at a stand still in the investing world and have been for some time.. Keep finding deals and unable to obtain financing. Ive researched hours upon hours for such loan sources, one thing I keep coming...

Hi everyone I'm looking to fix and flip single families homes   starting @ 50K-100K purchase price in Union County, New Jersey C Class areas. I currently have my team realtor, lawyer, contractor, & Im still lookin...

I am new to investing and came across the oppurtunity to bring in a private money lender on my side to go in a fix and flip.the numbers were:purchase price- 155,000repairs- 25,000arv- 250,000misc- 5,0005 percent for c...

I would like to take a loan from a family member, and wonder what documentation I would need. I am planning on having them be the lienholder on the property, with a fixed interest rate and no payments until I sell ...

I am doing some heavy marketing and looking to connectwith a couple private lenders that are based in Texas. I will be working on my 506C to expand my contacts.As a retired Army guy I have some goals and aspirations t...

If one goes with a private lender (good relationship) vs. bank or prof. hard money lender, but seeks 100% financing for the first deal - is it better to go with a debt or equity partnership?  Would love any input from...

Ive talked to some hard money lenders and there number seems to be around 18% which approximately breaks down into about 4 points and 12-14 % rates.

The thing that I disliked the most about talking with them...