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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!
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I know its only been a year, but I still consider myself a rookie based on some of the experience I've seen on this board. So with that said, here is my questions.There is a ton of sites out there that talk about pri...
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I always hear about how if a deal is good enough you can get into real estate with none of your own money, so I reached out to hard money lenders to get pre approved and they won’t even pre approve me unless I have 20...
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Hi,
I just talked to LendingOne sales and they told me that their 30-year Rental Loans do not report to personal credit report (under SSN) but only report to business credit (under EIN), but they still need to pull y...
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Hi BP, Before I start making some offers on properties in Charlotte I would love to meet with any private lenders that are financing fix and flips in the area. I am looking to purchase for 250k and below and will have...
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Whenever you present to a private lender, do you have a template package that you modify on a deal by deal basis? What is included? I am trying to put together a template that I can present to private lenders as dea...
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Hi BPI'm new to the forum, but definitely plan on being around for quite a while! I love it!I'm looking to form a REI LLC with my mom (she and I are in Chicago) and brother (works full time in California). My mothe...
I do temporary housing of nurses in (RV) California in urban cities. I have opposition from calif city ordinances and NIMBY of lower property value. I solve problem about sanitation as I use municipal sewer utilities ...
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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 ...
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I'm thinking about buying rental properties and was curious if putting 100% down would make sense in my case. I'm 21 about to graduate college (thank god). I have no debt, and I have ~$200,000 saved up. I don't really...