I recently had someone who claimed to be a private money lender ask to log in to my bank account as a criteria, which then I began to get skeptical. And when I began to ask questions of the lender like what his websit...
just started in the business and I want to rehab and flip houses in the Tampa area need help with securing financing and finding general contractors any help would be appreciated
Hello! My name is Billy Jenkins and I'm writing from beautiful Savannah Ga. I'm very much a beginner in real estate investing and I'm interested in learning what I can about private money lending. I look forward to me...
I am trying to get a deal funded, and have received 2 different offers. One is from a direct lending company. 12 month term 9% 70 LTV. The other is from a private lender and I am not quite understanding all the things...
Hey fellow BP members, I come to you guys for some much needed advice. About 2 years ago I bought a property as my primary residence, It has been great but now I am looking to actually move up and tackle some of my RE...
Hi,I am looking at a property to flip. Looking for alternative financing other than a conventional loan. I was told by a successful investor that if a private or hard money lender requires you to put money down that ...
Hello,
I'm looking to purchase my first rental. I have 220K to do it. Of course I could purchase a flipper with this cash and start from there. However, I'm not sure this is the best strategy to eventually be able t...
I was told theres no such thing as a dumb question, so here goes: If i want to buy a house for 200k, can I get two 100k loans from different places? If so, can they be consolidated so I pay once? Feel free to fill in ...
My wife and I feel super comfortable understanding the mortgage process but are tentative to jump into an investment before we understand how to fund all the rest of it (assuming our purchase will not be turnkey). Whe...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $480,000
Sale price: $1,080,000
This was a new construction project that I took on in 2021 and finished in mid 2022...