I was wondering what rates private debt lenders were wanting on value add commercial deals??I am seeing right now that banks or even hard money lenders want 35% down from purchase regardless of current value.So for ex...
I'm exploring becoming a hard money lender but I'm trying to figure out what I need to do. I think I can make 5 loans without getting a license.... But if I go over that I think I do but it looks I will need 3 years m...
I remember visiting one of my friends here who is also an investor. I was in a meeting with him and the whole time I was there his phone rang. Mine probably hadn't rang all day. That experience made me realize how I s...
I've been thinking of buying rental property for a long time but am just now getting into it more seriously. I've read that 8% is a realistic and fairly conservative cap rate, so it would seem that someone could retir...
My friend and I are trying to get our real estate careers started, and we're finding it pretty difficult to afford the 20%-25% down payments for the properties in our area. We're interested in fix and flips to start o...
Hi everyone, Thank you for taking the time to read about my situation and give me advice. My goal is to bring in 16k per month with my buy-and-hold properties. I plan on living on 25% of that and using the additional ...
Hello all. I have money in mutual funds which have been doing fine, but if the market goes down again so does my money. I always thought buying a rental in San Diego (where I live) was out of reach and then someone to...
Does any one out there have experience with websites advertising hooking you up with private money lenders. Saw an add for privatemoneygoldmine.com and it glad me wondering if anything about it is legit or if there ar...
I want to make sure that I have a list of private money lenders ready that would be willing to loan on a property once I find that one qualifies. The property alone would qualify as my credit is not that good right no...
Good Morning,My company has a couple potential private lenders who are interested in lending to us for the purchase of a distressed residential property. My company will serve as the Gc over the project once complete,...