Hey guys! Quick question, when you use a private lender for flips how do you usually pay them back? A percentage on their money or a percentage of the profit?Thanks in advance,Christian Walker

It seems that all private lenders offer the same program. Finance upto 80-90% purchase price plus upto 90-100% rehab. Interest only with 2-3 points at closing capped at 65-75% ARV. Some have less red tapes than others...

Hello,
I was curious if anyone has any thoughts on if a hard money loan should be made in my name, or my LLC if I am the lender. I would have my loan secured in 1st position w/ the home at a good LTV ratio.  The pape...

Good Morning,
Has anyone had any issues with getting financing for future rental properties? We recently bought our first rental property (closes Jan 31st) which used up a lot of our available equity according to our...

Hey BP I have a private money lender contact me from a post I put on Craigslist we she wants to fund my deal that she has no info about @ a 5% interest rate for 70,000 the repayment plan starts starts 6 months after ...

Can anyone share with me their elevator pitch for a private money lender. I’m trying to get ideas of what to say in order to secure funding with a private money lender.

Greetings!I am about to close on my 4th property, I have 3 rentals and an owner occupied that I intend to rent out in a year or two.  I am looking to get to get to 20+ doors quickly (1-4 unit properties). I have a fam...

I am working on becoming a private money lender (starting small). I would like to get some tips on what things I need to ask for from the borrower to reduce my risk.
Thanks in advance for any experience and advice ...

BP community,I have a friend who is interested in providing his capital for me to acquire multi-unit rental properties.  This friend is in a high tax bracket and as a result is not interested in the cash flow or even ...

Hello BiggerPockets i ran into a serious question. I'm looking into buying a house within the next 8 months and i was wondering how i could either buy a foreclosed house or typical mortgage Foreclosed : Today i went t...