Hey Guys,I do mostly syndications and private lending deals. Up until now, every transaction has run out of my personal checking account. I know this is less than ideal, and borderline idiotic.I will continue to do th...
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 ...
Don't let your excitement and determination to get a deal funded blind you to the notorious red flags of so called Private Money Lenders. Believe me I know, I've dealt with enough PMLs to see the red flags before they...
Good day BP community! As I'm starting to get my contact info out in the world, getting myself on wholesaler lists etc, it's not surprising to get some tangentially related solicitation emails. Many of these claim t...
An investor who intends to buy, fix up and then sell or rent a distressed property would consider a private money loan. Conventional banks and credit unions tend to shy away from lending on distressed properties, so a...
Hello all,I had a question about how private money works... If I have around 75k to invest but need about another 25-50k to put down a down payment on a decent multi-family I was thinking that private money would be ...
Dear Hard money and Private Money Lenders,
I'm new to Flipping /rehabbing after going through a 6 month immersion/coaching/mentoring program in RE investing, so while my company may be new, I have definitely wet my f...
Question:Has anyone looked into starting or has started a private equity firm of their own? Dream big!!A private equity firm that stabilizes and streamlines investments nation wide is my dream. To me the ultimate goa...
Wanting to understand how the interest part of our income (partnership LLC) for short term loans- mostly fix & flips, are considered for tax. One accountant said it’s not subject to self employment tax since it’s ...
I've been fortunate to talk with quite a few investors from this site and I often hear that it's not unusual for them to place 4 to 5 bids on houses in a month. Here's my question; if you give 1k, or even $500 earnest...