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Hello everyone. My wife and I are getting started in the real estate investment world with my lifelong best friend and were thinking about taking equity out of the home we own right now for the down payment on our in...
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A couple friends and I were putting around 5k-6k each towards two properties as our first Real Estate investment (non-primary residency). I have the best credit score of the three, so I will likely be the one to secur...
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Hi, I am curios to know on how to become a Hard money Leander, what are the requirements and process ?not sure, what other better options would be available for investment with not getting involved full time.
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is the process diffrent when contracting another wholesalers deal? should you trust there estimates and can you contract there contract for lower then their contract?
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This might seem like an odd question, but if you are the one who is going to be loaning the (hard) money to another individual(s), is it safe to loan it from your own personal name, or should you use an entity (LLC) t...
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I'm just starting out and would be incredibly appreciative of feedback on something I am a tad confused about. I have a primary residence with a fully paid off mortgage (I am very grateful for this but at the same tim...
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When borrowers take out a loan for a property, they have to sign a promissory note--a document pledging to repay the loan. Depending on where the transaction takes place, this document could be either a mortgage note ...
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I already have an LLC with a family member for Buy & Holds but we want to do a flip together. On the buy and hold, everything has been 50/50 on the cash in. However for the flip, one side is putting up all the m...
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I have a motivated seller that owes $220K in a area where homes sale for $110 max, the house just entered pre-foreclosure.Her husband put a 2nd mortgage on the property to help with medical bills and passed away short...
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Hi BP!I have only used hard money 1 time, and don’t remember the specifics of what their requirements were of my personal finances, if any.I’m curious, how many hard money loans could I take out at a time? For instanc...