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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...
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How would one go about finding a private lender that is willing to accept equity in another property as collateral? Like an equity loan from a bank with comparable rates. I'm guessing a local private lender would ...
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Can anyone tell me about Hard Money Loans rules/regs/laws? How to become one? Do you need any license or do you have to register with anything? Would it be easier to just call myself a Private Money Lender?
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Im pretty sure a lender ive been talking to is a fraud but I want to make sure. Is there a forum or particular place on BP I can go to to see if a lender is legit. I started to get suspicious, so I searched the NMLS n...
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So here is the scenario...I have recently just got into the REI world. I got my RE license, set up my company and educated myself on flipping homes. I have now signed a contract on my first deal and close on Nov.20th...
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Hey BP...I have noticed a few private lenders in my area offering minimum loan amounts, for example $80,000 min loan amount. They all require a down payment of at least 20% - with points of course. Just wondering w...
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Hi BP-Seeking advice from those who have successfully completed creative financing, or current lenders for a wedding event venue. This property is under contract for approx. 5 million, and in due diligence phase. 30...
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http://m.flsenate.gov/session/bill/2018/935/billte...Looks like the special interests are at it again. The governor shot down the last bill stating it was the most restrictive in the county. This one appears to be so ...
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I have completed a cash out refinance of several of my rental properties as well as my personal residence, and now have what, for me at least, is a mountain of cash. I am looking into serving in the role of a private...
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Hi, I have recently been approached for a JV regarding a school project to be built requiring investment. In the past, I have worked with local private schools, and have seen the absolute nightmare some of the shareho...