I am seeing a lot of people/companies on linked in that state private lending. Does anyone have experience with these lenders? Many are stating rates of around 5 percent.
I recently got an email from a private money lender saying he can give me a loan for rental at 3% fixed with 0.8% fees. It looks too good to be true and I smell a scam. How do I know if it legit or not?
Hello,
So we recently closed on a duplex that had tenants in place. Both tenants were mailing in checks to the property managers without issue. Neither tenant is tech savvy, so we haven't had any buy in on trying to...
Hello BP members! Can anyone recomend any legitimate real estate license programs online, and Is it benificial to have as a newbie investor?
Getting the CASH BUYERS or FINDING AND PUTTING A PROPERTY UNDER CONTRACT? I'm looking into wholesaling to get my very first deal with. I was told by one that it was NOT easy yet heard it was easy to make my first $5k...
I have a tenant who only wants to pay cash for her rent. Part of me sees this as a plus "cash is king" right, but another part of me feels that she and I both should keep some kind documentation to cover both our but...
Basics are 10 year tenant, always no pets. Found out a cat was in unit, talked to tenants told them cat had to go. Only verbal notice. 2 weeks later they deliver a note from Soul Reconstruction specialist that they...
Has anyone used POP money for rent collections? It looks pretty convenient and passes the cost onto the tenant.
As a newbie in the real estate business, how do I verify a contractor I just found in an online Forum. What should I be asking them besides "Can you do some remodeling work?" before I work with them?
For years on this board I’ve written tirelessly about making sure you know who you are borrowing from. With the number of local real estate clubs, now well-attended by legitimate lenders, there’s no need to take a ch...