Hey Everyone,I am buying my first rental property soon (closing 1/30) and have a strange predicament. The property is an upstairs downstairs duplex with a tenant in the top unit. The top unit was rehabbed prior to the...
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Hey BP Private and Hard Money Lenders
I’m curious what penalties you typically include or consider including when lending to flippers/rehabbers on shorter term loans, and what you might charge when applying the penal...
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Hi BP,
Is there really a such thing as a private lender? From what I understand, a private lender in a person or group who evaluates deals and lend their own money to a borrower. What I frequently observe are hard mo...
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All - I am MF investor in mid-west. I invariably see that there is almost certainty that taxes will be increased by the county. In my own personal investment I have seen taxes increase by more than 100%. It happened t...
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I have a 3bed 3 bath SFR for sale for 140k 15K down 125k financed @ 8 % I will have a previous note for 124k @ 3.5%- Mortgage and Escrow at Buyer wants to place cash down as soon as possible, we have a verbal agreemen...
Hey everyone, I'm new here but thought it couldn't hurt to seek a second opinion before I sign on the dotted line.My credit file is pretty clean of any collections except for some federal student loans that were sold ...
Wondering how I can start investing on homes with possible no money or is that even possible. Would like to know more ways of possible bank loans or construction loans which way is best and other avenues of funds on m...
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I've purchased a fourplex with two Section 8 tenants in it, currently in the process of getting the government portion of payment transferred over to me. I just received a water bill for $1,100.00, it should have been...
Hi all,Quick question - I have a basic understanding of syndicating deals as I'm still very new to real estate investing. I realize that if everything goes according to plan the HML typically gets a preferred payout a...
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Hey guys,
just looking for clarification about seller financing. Is seller financing when you and the seller come up with a purchase price and loan option with a monthly payment; or are you just taking over their mo...