**Spend money on a good mattress**Private bath.A full size bed isn't really that bad. If there is shared space put a recliner/love seat in bedroom. Dorm size refrigerator & microwave. Those simple things could mak...
We have an opportunity for a really sweet 50 unit off market deal 2 blocks from a well known college. Looking for creative financing for the down payment. How do you all structure your repayment for the hard money or ...
Investment Info:
Single-family residence private money loan investment.
Cash invested: $85,000
Private Money Loan
I am working on a great multifamily deal from a desperate seller and looking for one or multiple private money lenders. If one, It could be an equity share . I just invested all my money in other properties and can't ...
Sharing some resources for private lending!
I'm looking to get my first deal and raise some private money from my family that doesn't have a deep understanding of REI. So, I spent some time researching private lendin...
Investment Info:
Other private money loan investment.
Cash invested: $50,000
REIT Loan @ 12%
Hi BiggerPockets community!
I’m Frank, based in Northern NJ, where I invest in multifamily properties and short-term rentals. My real estate journey began in 2010 with a three-family property that I lived in, renovat...
I'm going to be managing a rental in a high demand area. It's a small bedroom and under normal circumstances such bedrooms are charged as if the tenant would be sharing a bathroom and a kitchen with other tenants also...
Here is our current debt selection for spec interim construction loans:
80%- LTC = Roughly 6%, 1 point
85% LTC = Roughly 9%, 2.25 points, 5% profits sharing
90% LTC = Roughly 10%, 2.5 points, 10% profits sharing
95%...
Compare and contrast private money loans and hard money loans.Discuss scenarios where each type of loan is most beneficial.Please share experiences and preferences.