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Hi BP,A group of people I know recently asked if they can lend me money on my next project but I haven't accepted private funding for my projects up to this point of my investment career. I was wondering what is the l...
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While engaging with the Bigger Pockets community, I've noticed many investors seeking funding. Frequently, brokers respond with phrases like, "I can help, let's connect," or similar offers. However, it's essential to ...
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Is it common, when dealing with private money lenders, to have an "Origination fee"? How do you know that it isn't a scam? Does anyone recommend a private money lender for a rookie to real estate investing? I curre...
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Hi everyone
Wow, it's been over a decade since I was on BP, nice to be back.
My business partner and I have a fairly large portfolio of SFH's that we purchased as rehab projects using hard money. After doing this f...
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BP Community,Any recommendations on reputable private money lenders (not hard money lenders) in the Houston area? Thanks in advance,Cameron
The other day, I posted a question on the Forums: Private Money in FL-Where to find? After not receiving more than one answer, I just decided to go out and do some homework and here is what I found. (Probably more exp...
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I know this question has been asked many times, and apologies for asking it again. I have seen many posts about finding private money lenders not hard money lenders. The fall back answer has been ask friends and famil...
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The National Private Lenders Association (NPLA) recently published a new "glossary" of private lending terms to try to standardize and clarify the terminology around private lenders (which I think is a big problem). ...
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I am looking into private funding for my investment, and I have found interest rates by individuals as low as 5% interest only, to 9%. Of course, the 5% looks great- what do I need to know? Is there any risk in worki...