About the Brrrr strategy, this all sound great but, you are talking about getting private money to buy a property that needs to be rehabed so that you can increase its value, refinance and pay back the private loan. B...
I have a bunch of deals lined up but plan on borrowing down payment capital from a private money lender. The mortgage itself would be a regular bank conventional loan. My question is, how do I structure this for the p...
Question --> I've heard conflicting things regarding the use of the term "hard money". Just curious... do you use this term, or prefer something else? If the latter, what do you use?
Obviously the "refinance" part of the BRRRR strategy is a crucial one.When you are analyzing a deal that you plan to BRRRR how do you determine what the numbers will look like after you refinance to ensure the prope...
Hi BiggerPockets community!
I’m Frank, based in Northern NJ, where I invest in multifamily properties and short-term rentals. My real estate journey began in 2010 with a three-family property that I lived in, renovat...
Hey everyone,I am trying to learn all I can about hard/private money and how the deals are structured. I think I know the answer to this, but I want to make sure: Do hard/private money loans only wok for both parties ...
Hey I'm new to investing with a background in home renovation. A friend of mine told me to post on here and ask are private lenders the way to go and if so does anyone know of some who would be interested in partnerin...
Hello, I am an out of state investor from California looking at the Ohio Market, I was wondering what would be best practices to get financing for deals less than 70k, banks and lenders I have contacted have mentioned...
Hi,
What advice could you give to someone starting a Private Money Lender business?
Real estate investing can be a lucrative venture, but it often requires a significant amount of capital. While traditional financing options such as bank loans and mortgages are available, they may not always be acces...