Parish Simmons
Private money
How do I find private money lenders if I am new to fix and flipping, I know that a good deal is attractive but where do I find private investors?
Jimmy Danblaus
If you buy a house for below 80% ltv do you still have to put a down payment?
I have found a few wholesale deals that should apprise well above the price that I found them for. For example, one triplex I have found is for sale at $140k and I estimate that it is worth at least $200k maybe even 2...
Monisha Nabar
How to split profits on rehab and rent properties
I will be providing financing for purchase and rehab of SFH while my partner will be actively finding the property and overseeing the rehab. We want to hold this as a rental income. What is a fair way to split profi...
Ivan B Espinosa
First Investor Obstacles
How do first time investors in real estate get over the hump of not having enough capital that lenders require in order to invest in this business? I am aware of credit cards but hard money and gap money lenders both...
R Sean
Owner Financing--helping to 100% LTV
Setting aside the inherent risk of high leverage, here is my story:
I have a situation where an outright owner is willing to do 80% financing; however I don't have enough capital to bridge the gap :cry:
Is there a...
Derek Hedgespeth
Lender for investment property
Hey Guys!
I am under contract for my first duplex. Long story short, it took a tremendous amount of savings to be able to get the property. I still have decent reserves and it will cashflow for me. The original plan...
Bryan Vukelich
First investment by investor group a partner and I started.
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $860,000
Cash invested: $400,000
Sale price: $1,125,000
This property was #1 of #2 that was part of an es...
Staci Dickman
How to approach investors
House flippers looking for an investor but where? How? We will do all of the work and can put a little money into it. We did one flip 2 years with a family member and it turned out beautifully but do not want to do bu...
Daniel Dietz
"Trading Properties" for a down payment on Multifamily?
Hello, There is a medium sized multifamily that just came on the market that I am interested in at least exploring the possibility of purchasing. They are asking 675K for an 18 unit that bring in about 120K per yea...
Jeremy Clyce
Is this typical financing?
I am looking to get started in investing. I have a lender/friend who is offering a line of credit up to $50K. His terms are 12.5%APR and a 50/50 spilt on net profits. Thoughts from the group?