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I use private funding on all my purchases and typically I issue a mortgage and promissory note but amazing New York decided that they want to have a "mortgage tax". My thought is to use a rental property I own free-...
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I am currently looking to purchase my first two rental properties. Ideally I would like to purchase one single family and one multifamily. My question for this post is about the financing of those properties. Fr...
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I am researching private lending options for my business and the thought dawned on me that these types of transactions are typically individual to individual. What sort of due diligence can/should I do on the lender t...
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New investigator here! My wife and I recently purchased a 4 Plex earlier this year. The deal was so good we jumped on it and paid cash with the intention of finding a lender later to fund the rehab. We are now running...
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Hello Community, I have a Self Directed 401K and want to purchase a property consisting of two houses on one lot. The houses need some work but there is upside as the rents are currently below market and I've checked ...
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We have a flip property in Grand Junction, CO that is not selling. It's crazy 60+ buyers have seen the property and not one offer. Even after 2 price drops. We are now exploring lease options and have several qualifie...
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I am new to the forum, and also the idea of private lending. I am looking for advice, typical lending rates, requesting a lien position, requiring minimum return, etc(as a lender). Any other advice would be welcome ...
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Hey guys and gals, I'm looking to network and attend some REI meetings in the Fort Worth area. Do any of you from around the area have any advice on local meetings or groups? I'm looking to network with investors and ...
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Over a month ago, there was a house that caught fire which extended to my rental property. It only effected the siding of the house with some electrical damage. Also, the door got busted in by the fire dept. The ho...
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Hey all,
My husband and I have been wanting to get into acquiring rental properties. Here’s a scenario that we’re looking at and have a few questions about since it’s out first!
it’s an outdated wholesale duplex pr...