I recently listened to one of the BP Podcasts in which the guest talked about using a business line of credit to BRRRR properties. I'm really interested in doing this. I'd like to hear your thoughts on how to go abou...
I Googled Rod Aycox before applying for a business line of credit and it appeared from his apparent wealth he could make private Loans. I Applied and got my company approved for $10,000 on terms that were so good, it...
Hello people of bp, i am in the sf bay area and in the process of purchasing my first home. Through the pre approval i come to find out i am about 30k short in available funds in my account , and cant deposit the diff...
I have an opportunity to buy a piece of commercial real estate in the downtown area of a small town. Now I may be able to get a loan on the property, or other ways to buy the property, however, both of them will requ...
I need to know how would you approach the following scenario.
You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.
Logistics wise, would it be bet...
Hello all,I hope I threw this in the correct forum or atleast semi correct. I have a condo that is about 15 years old and along with that are the water heater and A/C unit. Should I get a home warranty seeing that the...
So I need some help on a 1st grade level..... There is a family friend I want to approach in regards to private money/private lending. I've heard a lot about this but I haven't really seen it dumbed down on how it w...
Hi I’m a new owner of a duplex in California for over a year. I inherited a section 8 tenant (by choice) who was on a month to month lease playing below fmv. I immediately gave her 60 day notice of rent increase, to f...
I remodeled a single family rancher and had my For Sale sign out when I was approached by a potential buyer if I would do a Lease Purchase. After investing these since I've never done one before, I am thinking about ...
After looking at two local (Chicagoland) hard money lender applications, I noticed that the lenders wanted me to disclose as much information as a conventional lender would require. In addition, the applications i...