Is a business purpose loan which is secured by borrowers primary residence similar to a business purpose loan secured by a investment property?
Are there any special criteria which the lender has to meet for...
Hello all and Happy Holidays,
I am a brand new investor and I am trying to secure my first property and I want it to be a Multifamily. I don't have much capital (none to be transparent). I am looking into a private...
Hello all,I have an owner with a decent amount of properties willing to sell and finance them to me.I have several logs in the fire currently and don't have all of would be the down payment for these properties.I've u...
Hi, looking for lending advice.. I've secured funding for single family investments, but have yet to pull the trigger. Today, I was presented with a 6 unit multifamily portfolio with 10.3% CR, 22% COC and NOI of 51k. ...
Are there any security (e.g. Series 7 and 65) or broker licenses needed if starting a real estate investment group where one entity will make the final decisions (which properties will be purchased and when to sell) o...
Hi BP,A group of people I know recently asked if they can lend me money on my next project but I haven't accepted private funding for my projects up to this point of my investment career. I was wondering what is the l...
Hi All,I'm looking at a rehab / flip deal and after doing my calculations I can offer 375K for the property and the plan is to do it with private and hard money loan - the hard money lender requires 25% down so I woul...
Other than LLC and business license, are there any other license required? Putting private money investor and direct lender together and receiving a finders fee. Actual funds would not be touched. Any thoughts?
Please provide useful advice on locating, assessing, and negotiating private money lending deals, especially from seasoned professionals. I wanted to ask for some of the greatest advice you could provide me as a novice.
Hello BP!I own an LLC with a business partner doing residential filps. We are looking into opening up a real estate investment fund to raise private capital. We figured we could save money by opening up investment fun...